OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash

Thursday 25 February 2021, 8:15 AM AEST - 1 month ago

  • In an interview, OKCoin CEO defends its controversial trading suspension of BSV and BCH.
  • Craig Wrights recent legal threats prompted the suspensions.
  • OKCoin CEO says BSV and BCH should stop "hiding behind" the Bitcoin brand.

San Francisco-based cryptoexchange OKCoin announced on Friday that it will suspend trading of Bitcoin Cash (BCH) and Bitcoin SV (BSV)—two forks of Bitcoin (BTC)—starting March 1.

📢 Important announcement: we have made the decision to suspend $BSV and $BCH trading, effective March 1, 2021. Please take a moment to read more from our CEO @hfangca: https://t.co/9UoBS0qkAG

— OKCoin (@OKCoin) February 19, 2021

OKCoin CEO Hong Fang said the suspensions aim to stop the malicious misinformation war waged by self-titled Bitcoin creator Craig Wright, who spearheaded the development of BSV, and by others influential in the development and promotion of BSVand BCH.

You cannot just let the bad guys roam out there and say nothing, Fang told Decrypt, in apparent reference to Wright and others active in the the BSV and BCH projects whom she refused to name.

But OKCoin's move is also an effort to protect Bitcoin, she said.

Fang told Decrypt that BSV and BCH should stop pumping the campaign of Oh, [Bitcoin] is not a store of value, at a time when the free money printing is getting a lot of attention and macroeconomic viewpoints are attracting more people int ...

Read full story on Decrypt

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