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Kraken announced the withdrawal of Bitcoin SV (BSV) from its platform on a blog published on April 16th.
After consulting with their users / subscribers through a friendly poll on Twitter, the San Francisco-based cryptocurrency swap, Kraken finally decided to join the #delistBSV club.
Some 70,545 Twitter users reportedly voted on poll "Should Kraken remove Bitcoin SV (BSV)?" and the result shows that 71% chose the option "yes, it's toxic", 22% voted "I do not care", and only 7% did not recommend the exchange.
Those who disagree whether Kraken's withdrawn BSV lists are on a list of rips are split between 2 reasons, 4% said "No, price discovery is necessary", while 3% considered that BSV was great.
Should Kraken remove Bitcoin SV (BSV) from the list? #delistbsv
– Kraken Exchange (@krakenfx) April 15, 2019
In the announcement of the radiation posted on their blog on April 16, Jesse Powell's team highlighted how the team behind Bitcoin SV had adopted a "completely antithetical" behavior to Kraken's mission of using cryptocurrency to create a better world.
In addition, the team set out its goal to help realize "the freedom offered by digital currencies", such as freedom from centralized systems, financial freedom and freedom from oppression.
"It all started with fraudulent claims, threats, and lawsuits, with the BSV team taking legal action against several people. The threats made last week against individual members of the community were the water drop, "the statement said.
In more detail, the delisting will be effective from April 22, when the deposits will be deactivated, and on April 29, the trading will cease. Kraken gives the opportunity to its users to make withdrawals until May 31st.
"The future of Crypto is promising. There is no room for bad actors, "Kraken said.
The "BSV Delisting Movement" was "initiated" by Binance, after the BSV team ignored the warning of CEO Changpeng Zhao to stop intimidating Twitter users who had disagreed with Craig Wright's claim by Satoshi Nakamoto.
In response to this warning, Calvin Ayre attacked Binance, calling it "a scammers bucket shop".
With the announcement of Kraken, this means that there have already been 3 major exchanges that remove the BSV list. The exchange of Erik Voorhees, Shapeshift.io, made the decision soon after Binance announced his decision.
The #delistBSV movement sparked various reactions from crypto-Twitter users, including personalities such as Vitalik Buterin and Charles Hoskinson. As one of the people to whom Craig Wright sent his "Legal Information Bulletin", Buterin said more steps should be taken to remove from the list of other projects that have worked from the same way as BSV.
However, he also stated that "it is possible to fully and firmly subscribe to this [the aforementioned statement on more measures] and at the same time, supports in a completely consistent way #DelistBSV.
Hoskinson, for his part, has responded to the concerns of some users of Twitter about the "superpower" that large exchanges like Binance have with crypto-space, which goes against the concept of decentralization of cryptocurrency.
He said, "Stock exchanges are not utilities, they are often private-owned businesses, if you want a service, invest in or use a DEX, do not complain about BSV write-off and quote. not freedom of expression or other recourse.This does not exist with private companies. "
The damage caused by the movement is quite obvious, the price of the BSV can exceed $ 80 to $ 55 in a few days. At the time of writing, it is valued at $ 56.05 and is suffering a loss of 0.11% in the last 24 hours.
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