Henry Chang also claimed to not have been formally notified about the decision to delist the token. wemix delisting upbit
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.
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