Upbit and Bithumb flagged JASMY and TT for heightened review, with Upbit also suspending deposits as the exchanges cited disclosure and business progress concerns that can precede delisting.
South Korean exchanges Upbit and Bithumb have placed JasmyCoin (JASMY) and ThunderCore (TT) on trading warning or delisting watchlists, signaling heightened scrutiny that can precede removal from trading. Upbit also said deposit channels for both assets have been closed. The exchanges said ThunderCore was flagged after a comprehensive review found shortcomings in the actual progress of its crypto-related business and in token adoption, while JasmyCoin was cited for insufficient disclosures on matters that could materially affect the token’s value and for shortcomings in business progress.