Bitcoin SV is a scam and investing in a scam never ends well! Says Binance CEO, CZ

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Changpeng Zhao, the CEO of Binance, fired at Craig Wright, the self-proclaimed Satoshi Nakamoto, and said through Twittter on Monday that his project, Bitcoin SV, is a fraud.

The leader of one of the largest cryptocurrency exchanges in the world went to the social network preferred by digital currency fans and warned that the alleged Satoshi is a fraud and that “betting on fraud never ends well”.

According to Cointelegraph, in April 2019, Zhao's exchange unregistered Bitcoin SV on the platform after Wright filed a lawsuit against a Twitter user who claimed he was not Satoshi Nakamoto. The exchange cited "evidence of unethical / fraudulent conduct" among the reasons for excluding Bitcoin SV from the list of currencies traded on the website.

Defenders of Bitcoin SV speak out

In the CZ post, many supporters of Bitcoin SV and Craig Wright spoke out saying that fraudulent projects don't make it into the top 20 and don't value as much as the currency has appreciated in the recent past, which is obviously a romantic view of the potential that fraudulent projects have in any space, even in cryptocurrencies.

Support for CZ statements

People who agree with CZ also did not fail to speak up. @Cryptopunch_co said that anyone who is fooled by Craig deserves to be defrauded by him, as he and his “Bitcoin” are obvious scams that don't even bother to disguise themselves.