TechFlow news, on September 24, South Korean cryptocurrency exchange Bithumb announced it has listed Rally (RLY) tokens as an investment caution item. According to the exchange's "Virtual Asset Investment Caution Item Designation Policy," RLY token deposit services will be suspended starting at 13:00 local time on September 24.
The main reasons for Bithumb's decision include: 1) certain portions of key documentation provided by the RLY project team cannot be verified; 2) insufficient technical support from the project; and 3) poor overall business performance of the project. The exchange stated it will announce between October 21 and 25 whether it will extend the caution status, lift restrictions, or terminate trading support.
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