South Korea’s largest crypto exchange will delist three tokens due to unresolved disclosure and operational deficiencies.
Upbit will delist STORJ, JASMY, and TT trading pairs, including STORJ/KRW, STORJ/BTC, JASMY/BTC, JASMY/USDT, TT/KRW, and TT/BTC, at 2:00 p.m. UTC+8 on September 14. All open orders will be canceled at that time.
The exchange cited unresolved issues behind the tokens’ warning designations, including deficiencies in key disclosures, business sustainability, and transparency. STORJ and JASMY faced concerns over business substance and progress, while TT was flagged for issues related to token issuance and circulation plans.
Withdrawals for the affected tokens will remain available until October 14, according to the exchange.