Binance.US, a cryptocurrency exchange set up by Binance to serve US customers, will delist the native token of the Tron blockchain, TRX, on April 18. The exchange said its digital asset monitoring process considers a range of factors, including changes in a token's risk profile, regulatory standing, and unethical conduct. The announcement follows the US Securities and Exchange Commission's legal action against Tron founder Justin Sun and three of his firms for the "unregistered offer and sale of crypto asset securities Tronix (TRX) and BitTorrent (BTT)." Binance will also delist Spell, a token associated with the lending platform abracadabra.money. (forkast)
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Binance.US to Delist TRX, Price Drops 5.4%
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