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Another major cryptographic exchange is the bitcoin SV cancellation (BSV) during the quarrel between the creator of this cryptocurrency, Craig Wright, and Frankish members of the bitcoin community.
San Francisco-based Kraken announced Tuesday that it would no longer support BSV, citing both the community's sentiment and ongoing lawsuits against the lawyers' exchange of the play.
Kraken will disable BSV deposits on April 22, trading will cease on all trading pairs on April 29 and withdrawals will cease on May 31.
This decision follows Monday's announcement by two other major exchanges, Binance and ShapeShift, of BSV's write-off in response to Wright's behavior. The general manager of Binance, Changpeng Zhao (CZ), tweeted Wright "poisons" the bitcoin community by threatening to sue people who have called him a fraudster, because he claimed to be the pseudonymous creator of Bitcoin, Satoshi Nakamoto.
But Kraken was already negatively disposed towards BSV well before the beginning of the eddies.
In December, during the controversial dispute between Bitcoin Cash and Bitcoin, "Satoshi Vision", the Florida-based mining company, United Investment Corp., filed a lawsuit against a group of defendants for supporting the ABC version. , including Kraken and his CEO Jesse Powell. Kraken allowed the negotiation of BSV in November.
"They sue us, our investors, respected and prominent community figures, and the community has become so tired," Powell told CoinDesk. "It's completely antithetical to the nature of this community."
Community feeling
On Monday, Kraken launched a survey on his Twitter account, asking people to vote for or against striking out BSV. At the time of writing this report, the survey indicates that about 70,545 users voted, 71% in favor of delisting, 7% opposed and 21% indifferent.
"At Kraken, we have our own opinions, and it's like a bubble, so running a poll was an opportunity to hear from others," said Powell.
If the overwhelming majority of votes were in favor of keeping BSV in Kraken, it would not have been removed from the list, but if the results were undecided, for example 50/50, the piece would still have been withdrawn, said Powell.
In the past, Kraken has dropped from the list of other chips, including Namecoin and Iconomi – the first because of its low volume and the need to support a technically costly upgrade at some point, the second because of the change of protocol of its creators.
The quarrel
The wave of radiation began after Wright threatened to sue a pseudonym Twitter nicknamed Hodlonaut, known for launching Bitcoin Lightning Torch, and the crypto investor and podcaster Peter McCormack, unless publicly acknowledged Wright as the pseudonymous creator of Bitcoin, Nakamoto.
"It seems like they continue to use the legal system to abuse it, chasing anyone who says nothing against them," Powell said of BSV supporters.
In addition to ShapeShift and Binance, crypto Blockchain applications, SatoWallet, Phantasma Chain and Bittylicious announced Monday that they would also stop taking over BSV.
Powell said that more exchanges could follow. "The more players remove them from the list, the easier it becomes to do it," he said.
Arrived Tuesday night, Ed Pownall, a public relations specialist who represents Calvin Ayre, a BSV supporter, referred CoinDesk to an article in Toronto-based investment firm Frnt.io's newsletter.
"We believe that crypto and some actors create a dangerous precedent in removing the BSV list," said the article, explaining:
"Given the impact that trading platforms can have on the visibility and price of a coin, such subjective radiation creates a precedent that can increase the vulnerability of the space to manipulation. If a part can be removed from the list because of[one] not to approve the legal activities of a community or a person, only to say that a similar story can not be created in the future simply to defend the monetary interests of a malicious actor ".
"We think that sums it up best," said Pownall.
Image of Jesse Powell via CoinDesk Archive
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