The Binance team has not disclosed the reasons behind the decision to delist the Tornado Cash (TORN) tokens. The official announcement from the trading platform only states that TORN tokens no longer meet its standards. Shortly after the news broke, the price of TORN plummeted by almost 40%, reaching $2.2, according to CoinGecko data.
The exchange clarified that, in addition to the exclusion of TORN, BitShares (BTS), PERL (PERL), and Waltonchain (WTC) tokens will be delisted starting from December 7. All trading pairs involving BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, and WTC/USDT will become unavailable.
Binance Simple Earn platform will delist BTS, PERL, TORN, and WTC after December 5, 2023. Deposits in these tokens will not be accepted from December 8, and withdrawals of these assets from the exchange will be supported only until March 7, 2024
