Salt and Wings under the threat of delisting

Cryptomaniac
By February 22, 2019 22:03

The great South Korean crypto exchange Upbit has introduced Blocktix (TIX), SaluS (SLS), Salt (SALT) and Wings (WINGS) tokens into a special category of assets that may subsequently be subject to delisting.

The representatives of the exchange explained this by the fact that focused on the distribution of tickets to events token Blocktix for a long time did not release the working products and stopped in development. The same applies to Wings DAO and SaluS. In addition, the stock exchange is concerned that the low liquidity of these assets makes them vulnerable to manipulations.

As for the Salt Token, he fell into a special category because of the possible connection between Salt Lending Holdings Inc. with the head of the cryptic currency exchange ShapeShift Eric Vorges, which the SEC (USA) suspects of possible fraud in the distribution of tokens during the ICO in 2017.

Within a week, Upbit intends to receive clarifications from the listed projects. If they prove to be unsatisfactory, the exchange will hold delisting tokens.

It should be emphasized that in addition to Upbit about the upcoming delisting Salt and Wings reported earlier and cryptoexchange Binance.

Read also – Public Binance DEX testing started. Binance Coin Growth

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Cryptomaniac
By February 22, 2019 22:03