Good and Bad News for Troubled Altcoin from Binance! Will It Be Delisted?

There has been good news and bad news for TORN after the attacker who seized the DAO assets of Tornado Cash from Binance, the world’s largest cryptocurrency exchange, returned all control to the community.

Binance has reactivated TORN deposits, which it suspended after the attack on the Tornado Cash DAO system. Taking action with the DAO regaining control, Binance said in its official post today, Ethereum (ERC20) network and BNB Smart Chain (BEP20) reported that TORN deposits have started again.

However, besides this good news, Binance, which also gives bad news, announced that the Tornado Cash project 30 May 2023 as of date To the Innovation Zone emphasizing the move. Binance CEO Changpeng Zhao (CZ) with a statement made recently by high risk list of projects Innovation Zone now also for projects that will be delisted from the stock market one last chance was reported to happen.

If the Tornado Cash team is active and the project continues to evolve TORN if he can’t prove it a short time It will then be delisted from Binance.

Anonymous who attacked Tornado Cash’s governing body last week, hacked into the DAO via malware. voting power had seriously taken over. Attacker, 1.2 million votes He gained effective control over the entire management system with his right to TORN worth $1.5 million managed to play. He then returned control over the administration to the DAO.

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