The WazirX token (WRX) was unlisted from Binance due to several underlying issues. Firstly, there were ongoing legal disputes and regulatory scrutiny surrounding WazirX in India, including allegations of money laundering and asset freezing by the Enforcement Directorate. Secondly, Binance's periodic review process assessed that WRX no longer met their high standards for listed tokens, particularly in terms of development activity, trading volume, and regulatory compliance. Additionally, the relationship between Binance and WazirX soured, with public disputes over ownership and control of the WRX token itself, leading to a lack of confidence in the project's stability. The delisting also coincided with a significant hack on WazirX, which further damaged trust and led to a sharp decline in WRX's value. There were also concerns about the management of WRX, including missed token burns, which Binance highlighted as a lack of progress. Finally, the delisting was seen as a protective measure for Binance users against the high volatility and risks associated with WRX, especially after its price plummeted following the announcement. This move by Binance was part of a broader strategy to maintain a healthy and secure trading environment.