30 August 2026
OKCoin Protects Bitcoin and removes BSV, BCH from the Platform.
Hong Fang- the San Francisco-based OKCoin CEO, has recently announced that the network will be suspending Bitcoin Cash (BCH) and Bitcoin SV (BSV) trading from 1 March 2021.
Fang stated that her team could no longer ignore "the malicious misinformation war waged by Craig Wright and other high-profile members of these communities." She also notified Wright's recent lawsuits against websites hosting Bitcoin white paper and said that this was an "unproven claim to be the creator of the original cryptocurrency."
Fang affirmed that the copyright claim and lawsuits have deeply disturbed her team. The platform does not want to give investors access to BSV or BCH "while realizing that some may feel tricked or confused by the branding ambiguity between these assets and Bitcoin."
She further added, "We view both factors as very destructive to Bitcoin — the cornerstone layer of our industry. Before we have a better way to separate BSV from Wright's attack on the open-source community, and to differentiate these two derivative protocols from the original Bitcoin on our platform, we feel more comfortable with removing them".
Simultaneously, Hong Fang also clarified that the platform is not against hard forks and the communities that believe in these tokens utility. She further said we are aware that BSV and BCH community members are actively building use cases that they think will benefit people beyond their community. We fully respect that. People should be able to agree to disagree. The platform could change its stance on the assets should the BSV and BCH communities rebrand Bitcoin to pursue their path.
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