Upbit will designate Synthetix (SNX) as a trading warning asset and suspend deposits for the SNX/BTC pair from 4:30 p.m. KST on August 7. Upbit cited shortcomings in SNX’s issuance and circulation plans, project viability, sustainability and progress, warning that unresolved issues could lead to delisting. The review is expected to continue through August 24–28.

Upbit will designate Synthetix (SNX) as a trading warning asset and suspend deposits for the SNX/BTC pair from 4:30 p.m. KST on August 7. Upbit cited shortcomings in SNX’s issuance and circulation plans, project viability, sustainability and progress, warning that unresolved issues could lead to delisting. The review is expected to continue through August 24–28.

Source:https://twitter.com/wublockchain/status/2085632921667621363