Bitcoin SV has been on a delisting spree for the past week due to yet another controversy that its creator Craig Wright got involved with. Craig threatened multiple blockchain personalities with potential lawsuits for calling him out as a serial liar and a scammer. This bullying behavior of Wright did not really go down well with the majority of the community, and Binance announced that it is thinking of delisting BSV token. The news came as a shocker since both BSV and Binance has great working relations.

The next day Binance that it has delisted BSV from all its currently available services on any of its platforms which was followed by Kraken and Shapeshift doing the smae. However amidst all the bad news, BSV found a savior in Float SV, who have added multiple trading pairs with BSV. The crypto exchange paired BSV with Tether [USDT], USD Coin [USDC], Bitcoin [BTC] and Bitcoin Cash [BCH].

Float SV is OKex partnered Bitcoin SV based Exchange Created Especially in the light of Delisting saga

After Binance delisted BSV token it urged others to follow the suit to teach Wright a lesson for his behavior, which many did, but OKEx, another crypto exchange refused to bow down to the pressure, and instead have partnered Float SV to revive them of their distress. In the exchange was listed the very next day of Binance CEO CZ announcing that he is thinking of delisting BSV and called Craig wright a liar for his claims.

Float SV has been founded by Jack C Liu, who is also the founder of RelayX and an advisor to the OK group who runs the OKEx exchange. The reason for starting a BSV exchange was only because it was facing the heat of delisting from different services. The founder has said,

“Float SV will launch in April, although the exact timing will be adjusted forward if any major exchange delists Bitcoin (SV).”

The continuous delisting spree from all corners of the decentralized space showed a heavy impact on the token’s pricing as well. While most of the tokens are reaping the riches of current bullish trends and have made double-digit gains, on the other hand, BSV’s price has fallen by 16% in the last 7 days.