Binance.US Delisting of TRON's TRX Coin Causes 6% Drop

1 min read
Source: CoinDesk
Binance.US Delisting of TRON's TRX Coin Causes 6% Drop
Photo: CoinDesk
TL;DR Summary

Binance.US has delisted Tron's TRX token, causing a 6.4% drop in its value. The move comes after the SEC sued Tron's Justin Sun over allegations of selling and airdropping unregistered securities, fraud, and market manipulation involving the TRX token. Binance.US says trading for TRX will end on April 18. Tron is in communication with Binance.US over the matter but has no further comment at this time.

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