Binance.US to delist Tron, Spell cryptos next week

Binance.US will delist Tron ( TRX-USD ) and Spell from its platform on April 18 as part of its periodic review of digital assets listed on the exchange. The news sent Tron ( TRX-USD ) falling more than 6% , while Spell was down over 4% . Deposits for Tron ( TRX-USD ) and Spell on Binance.US will cease on April 17, while withdrawals will remain open. The exchange will continue to support Tether's TRC-20 USDT and USDC issued on the TRON network. Binance.US' periodic crypto review evaluates a token's trading volume and liquidity, regulatory standing in the U.S., evidence of fraudulent conduct or negligence, among other aspects. Tron is already under pressure as its founder Justin Sun and three of his companies are facing SEC charges for fraud and other securities law violations. Eight celebrities are also facing charges for illegal touting of Sun's cryptos, including actress Lindsay Lohan and YouTube star Jake Paul .