For whoever thinks it's because of your first point - sounds like absolute cope. They don't give a shit about Bitcoin maxi ideology they're trying to make money. Why didn't all the other hundreds of shitcoins on there get delisted? Also, why did they offer it for so long?

It was obviously because of your second point

It was delisted because it offers uncompromising privacy and the government forces ramping up pressure and regulatory compliance behind the scenes don't like that.

All the privacy coins like Firo that gave in to their demands of adding transparent addresses are still on Binance