Binance has faced backlash for including the privacy token Zcash (ZEC) on a new list of tokens up for potential delisting. The $500 million market cap token was listed alongside FTX's FTT token and JASMY. In a recent vote, users will decide which token faces delisting, and Zcash's inclusion has drawn criticism from notable figures in the crypto industry. Zcash founder Zooko Wilcox publicly questioned the implications of this decision, urging Binance CEO Richard Teng to consider the broader impacts of such actions on society. Other industry leaders, including Barry Silbert and Ledger CTO Charles Guillemet, echoed concerns about the diminishing importance of privacy in blockchain technology. This move follows ongoing scrutiny from regulators regarding privacy tokens, with a previous EU document suggesting potential bans on such assets. Currently, ZEC is trading at $31.26, having dropped by 3.1% over the past day.

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