Upbit, Bithumb, and Coinone announced that they have designated Synthetix (SNX) as an investment warning item. They explained that after comprehensively considering factors such as the procedure for changing the total supply and circulation plan, the reality of the business, its sustainability, and actual progress, in accordance with best practices for virtual asset trading support, numerous shortcomings were found, and there is a possibility of user damage. Accordingly, SNX deposits will be temporarily suspended starting today at 16:30.
