SALT and Wings tokens are again threatened by delisting on the major exchange

Upbit has introduced Blocktix (TIX), SaluS (SLS), Salt (SALT) and Wings (WINGS) tokens in a special category of assets that can be further subject to delisting. In an official statement, the exchange explained the reasons for its decision.

Thus, according to representatives of the site, the Blocktix token-oriented to distribute tickets to events has not produced work products for a long time and stopped developing.

Similar statements related to the assets of Wings DAO and SaluS. In addition, the latter’s low liquidity makes the token vulnerable to manipulation, explained in Upbit.

The Salt Token is on the list due to a review by the US Securities and Exchange Commission (SEC) initiated in November 2018. The agency is studying the communication platform Salt Lending Holdings Inc. with the head of the cryptobirds ShapeShift Eric Vorges, as well as possible fraud in the distribution of tokens during the ICO in 2017

During the week of crypto-exchange, Upbit intends to receive explanations from the listed projects. If they are unsatisfactory, the exchange will delist tokens.

Earlier, the Bitcoin exchange Binance also reported on the upcoming delisting of Salt and Wings.

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