Binance's move to put the JASMY token at risk of delisting has caused uproar in the crypto community, resulting in significant backlash and legal threats.
JasmyCoin Community's Legal Threat
The JasmyCoin community has expressed its dissatisfaction and openly threatened Binance with legal action. They cited market manipulation concerns and criticized the removal vote as detrimental for the entire crypto ecosystem.
Crypto Community's Reaction to Binance's Actions
A crypto page with over 30,000 followers, Team LAMBO, pointed out the statistical disadvantage of being placed at the top of the voting options, criticizing it as potentially skewing results. Other community members also criticized the voting mechanism as it could foster animosity within the crypto space.
Social Media Support for JASMY
The community is rallying support for JASMY through social media campaigns, urging members not to participate in the vote to prevent the token's removal from Binance.
The controversy surrounding JASMY's potential delisting from Binance highlights the tension between centralized exchanges and the projects depending on them. The community continues to mobilize in defense of their token.