The price of Bitcoin SV, which is a derivative of Bitcoin Cash that emerged after the latter currency experienced a hard fork in November of last year, has been falling precipitously of late. This has been a result of the currency being delisted by a number of major cryptocurrency exchanges because of controversies surrounding its chief backer Craig Wright.

Wright is an Australian entrepreneur and chief scientist at a startup called nChain. He also claims that he is actually Satoshi Nakamoto, the legendary creator of Bitcoin. In fact, the SV in Bitcoin SV stands for "Satoshi's Vision."

But not everyone has been a fan of Wright and his ideas and tactics. One such critic, who posts under the Twitter handle Hodlonaut, has drawn the ire of Wright to the extent that their online battles have led a number of digital currency exchanges to delist Bitcoin SV. This includes Binance, ShapeShift and Kraken. Wright, in turn, has threatened legal action against Hodlonaut and others, demanding a public apology.

Many in the cryptocurrency community have chosen sides. While most have taken the side of Hodlonaut and other Wright critics, Wright has his supporters, too. This includes billionaire Calvin Ayre and his CoinGeek news outlet, which not only have backed Wright but have also been vocal in their criticism of Hodlonaut. On April 11, they even offered a $5,000 bounty to anyone who can expose the true identity of Hodlonaut. This apparently is what set off the spate of delistings.

The threats have led Hodlonaut to not only delete his/her Twitter account but also disappear from social media. Though many in the cryptocurrency community have since come to his/her defense. There is a trending Twitter hashtag called #WeAreAllHodlonaut, and a crowdfunding campaign has been started to support Hodlonaut in his/her legal battles against Wright and his supporters. The campaign has already exceeded its initial goal of $20,000, and Hodlonaut additionally is reported to be represented by a lawyer named Preston Byrne free of charge.

However the battle ultimately plays out, the events have demonstrated how the cryptocurrency community can dramatically affect the market.