Post
Topic
Board Service Discussion (Altcoins)
Re: Tornado Cash: A Privacy Mixer on Ethereum?
by
Bitcoin_Arena
on 04/12/2023, 22:55:26 UTC
https://cointelegraph.com/news/tornado-cash-token-falls-binance-announces-delisting
"Tornado Cash is a cryptocurrency mixing protocol, and TORN is used to vote on proposals for upgrading the protocol. From Nov. 26 to 27, the token took a nosedive, falling from $3.90 to just $1.66 — a decline of 57%. The price decline happened as the world’s largest crypto exchange by volume, Binance, announced that it would stop accepting deposits of TORN on Dec. 8 and no longer process withdrawals after March 7, 2024."
https://www.coingecko.com/en/coins/tornado-cash
That day they delisted a number of other tokens that also dumped so hard. The coins including waltonchain, Bitshares, PERL. I am not sure if the delisting comes at a time when Binance is under fire from the regulators, or this is just their routine.

I am actually surprised that TORN was still trading on the exchange after all this time.