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South Korean Exchange Upbit Marks Investment Warnings To 25 Tokens And Considers Delisting Them

Mary Liu

Summary: Due to doubts about the team ability, information disclosure, and transparency of some crypto projects, Upbit, the South Korean cryptocurrency exchange announced that 25 digital assets will be marked as investment warnings, the exchange will review in-depth within a week to decide whether to terminate the trading. The items on the watch list include Komodo (KMD), ...

Due to doubts about the team ability, information disclosure, and transparency of some crypto projects, Upbit, the South Korean cryptocurrency exchange announced that 25 digital assets will be marked as investment warnings, the exchange will review in-depth within a week to decide whether to terminate the trading.

The items on the watch list include Komodo (KMD), AdEx (ADX), LBRY Credits (LBC), Ignis (IGNIS), DMarket (DMT), Einsteinium (EMC2), 12SHIPS (TSHP), Lambda (LAMB), Endor (EDR), PIXEL (PXL), Pica (PICA), ReddCoin (RDD), RINGX (RINGX), Vite (VITE), ITAM (ITAM), SysCoin (SYS), BASIC (BASIC), Nxt (NXT), BnkToTheFuture (BFT), Nucleus Vision (NCASH), Fusion (FSN), Plian (PI), Ripio Credit Network (RCN), Propy (PRO) and Aragon (ANT). 

The deposit of these tokens will be suspended. If these tokens fail to clarify the specified issues within the prescribed time limit, Upbit said it will announce the termination of the transaction.

By Mary Liu

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