SWINDLER'S deLIST
a helpful Bitcoin story by John Pitts
save for your weekend consumption-- 3 minute read
When an offshore exchange run by CryptoBros wants to ply United States citizens as marks, there's one thing they must do: delist Bitcoin
May 21, 2025
Pionex delists BSV
https://t.co/5wOwSo1bss
Jan 5, 2026
Pionex to release Webot for USA exchange services
https://t.co/0I7YdsUtwO
The important keyword here,
for Pionex, OKX, and others washers,
is: "US REGULATED CRYPTO EXCHANGE"
Even in today's wild wild tRump administration west, that means tough tasks like:
NO WASH TRADING BULLSHIT VOLUMES
like you can do with offshore exchanges in corrupt jurisdictions like Lithurussia, Bezerkistan, or Little St Jimmy Island of the SeySHELLes-company Triques.
So the first thing that has to happen, in order for offshore pirate exchanges to continue suppressing the Bitcoin price, is the USA‑facing entity needs to delist BSV because it shan't trade on exchanges with actual RULES meant for fairness and orderly price discovery. If BSV traded on USA exchanges, it would require REAL reporting of volumes, as table stakes. In the USA, exchanges have rules (for now, at least, but not sure after tRump or future administrations crypto‑bills aimed at family‑self‑enhancement. CryptoGrift seems to be an increasingly acceptable practise by all political parties these days).
Even Robinhood had tto give up, when they realized all BSV buyers were going to withdraw. Withdraw is bad, because there's no ability to naked short, derivative‑ize, or control a comtmodity that buyers actually USE off‑exchange. So they had to delist.e rules against/about naked shorting, lending, derivatives, listing, and even marketing/IPOing commodities AND securities. The law in the USA (typically strongest in Delaware where all the legal precedent concentrated) is quite detailed in the courts, and these offshorxe formerly‑pirate exchanges know this, but they know they need to crack the USA if they're to have inter‑exchange volumes which don't require sending all their trade information to Binance (because God knows, Binance isn't exactly the offshore model of clean trading-- as anyone following legal trends in the USA can tell you-- despite the strange WLF‑linked pardons... errr... I mean DEALS being made wrt stablecoins and celebrity shitcoins with $ladies names on them.
Homework: Go look up the month and year that OKX delisted Bitcoin (BSV), and then look up the month and year they announced turned their greedy eyes on offering their exchange to USA marks (I mean customers). It's a common well‑beaten path.
Even Robinhood had to give up, when they realized all BSV buyers were going to withdraw. Withdraw is bad, because there's no ability to naked short, derivative‑ize, or control a comtmodity that buyers actually USE off‑exchange. So they had to delist.
The next thing you should be asking for, is HTX to delist Bitcoin; that is, if you want price discovery in an orderly fair market. That's something every enterprise, Government, and small business/startup developer should want. NumberGoUp is good for raising money, no doubt, but endless price suppression by competitors backed by billions of feathery tethery funny‑money is NOT good for anything. It's not good for Bitcoin token/SINC owner substrates, nor startup financiers, nor anyone with small casual wallets with value in them. Nobody want's the $100 of digital spending money to turn into $2.54 worth of buying power-- the price of devs, servers, and software development (costs/expenses of building services) is quite steady, after all.
If you obtain your Bitcoin (BSV) from HTX or other offshore fake‑volume "exchanges", it's the equivalent of buying your bombs from the country you're at war with. Sure they'll make you think their loaded, but don't expect the explosion to happen at the time you wish.
This message is not financed by
@orangegateway, but perhaps it should be, as they are the only place I could recommend devs and Bitcoin users obtain (or cash‑out of) the Bitcoin they need. No fake volume numbers given there, but they're likely the #1 place of liquidity, no matter how small it may seem.
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