Just days after an association of South Korean crypto exchanges announced the delisting of the WEMIX token, Henry Chang, the CEO of Wemade — the token issuer — accused the Upbit crypto exchange of orchestrating the token’s removal. Speaking at an online press briefing, Chang also claimed to not have been formally notified about the decision to delist the token.by Bitcoin.com News, South Korea’s Digital Asset Exchange Joint Consultative Body said the WEMIX token will be delisted in December.
“When [WEMIX] received the investment warning, we asked Upbit for their standard or guideline for circulation, but to this day have not received anything,” Chang reportedly said.The CEO also pointed to Upbit’s application or use of different standards when dealing with other projects which did not even inform the exchange about their respective tokens’ planned supply.by Forkast News suggested the Wemade CEO had acquired more WEMIX tokens to demonstrate his belief that the token would recover.
When asked about the possibility of users in South Korea failing to access the token, Chang said the token is still listed on other exchanges like Okx, Kucoin, and Crypto.com. He reportedly said that his team is in talks with Binance and Coinbase.
in the wallstreet world, if executives buy stock it means they are confident that the company is doing well and it will go up. Maybe he is trying the same thing
Thats nice
BNB
Thats nice
FACT
Well, I’m using finex.
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FACT
BNB
BNB
FACT
BNB
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BNB
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BNB
I’m staying with Bitfinex.
FACT
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FACT
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FACT
Thats nice!!
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BNB
Thats nice
BNB
Thats nice
BNB
BNB
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FACT
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FACT
Üst segment
this is huge news and the price of this coin has dropped so far. Hope they get this fixed
Delisting it is really suspicious. Wemix network is one of the best gaming platform in blockchain. They already a defi and many high quality games.Their flagship game is mir4, a MMORPG with 5M download in googleplay and much more if other download in other platform is counted.
Following the delisting announcement, the U.S. dollar value of WEMIX plunged by nearly 70% in less than 24 hours.
Wasn't there an official notification? Strange.
WeMix will not be delisted !!! ByBit was behind this with false information
Whyyy is everybody keepinnng this a secrett
How comee everyonee is silentt on thiss?
Aren’t you surprised to seee everyonee is silent on thiss
Thanks a millonn
How comee everybody is silentt on thiss
Whyy is the mediaa silent on this
Whyy are they keepinn this a secrettt?
Whyy is everybodyy silentt aboutt this?
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Source: Reuters - 🏆 2. / 97 Read more »