[Upbit] Notice on Termination of Trading Support for Poby (FOR) (12/11 19:00)

Hello. This is Upbit, the most trusted global standard digital asset exchange.

We would like to inform you about the termination of trading support for Poby (FOR).

• Reference: [Trading] Notice on Designation of Investment Warning for Poby (FOR)

[Notice on Termination of Trading Support]

• The termination of trading support for digital assets is in accordance with Upbit's digital asset trading support termination policy. : Upbit Digital Asset Trading Support Termination Policy

• The trading support for the digital asset will end on 2024-12-11 (Wed) at 19:00 KST.

• At the time of termination, any orders (buy/sell) requested before the termination of trading support will be uniformly canceled.

• After this announcement, it is expected that services such as airdrop, wallet upgrade, and hard fork for the digital asset scheduled for termination will not be supported.

[Notice on Termination of Digital Asset Trading Support]

Poby (FOR)

• Target Market: FOR/BTC

• Scheduled Date for Termination of Trading Support: 2024-12-11 (Wed) 19:00 KST

• Reason for Termination of Trading Support

• Upbit confirmed that the trading volume of Poby (FOR) was insufficient, and accordingly requested an explanation from the team, but no satisfactory response was received. Based on the comprehensive consideration of the importance of public disclosure on major issues such as significant changes in business, the transparency and integrity of changes, and the actual progress of business, it was designated as an investment warning on October 29, 2024. After this designation, no satisfactory response was received regarding the reason for the designation. Considering the unresolved questions on the protection of investors in the hypothetical asset trading support model case, Upbit judged that the reason for the designation of investment warning for Poby was not resolved and decided to terminate the trading support in accordance with the policy of termination of trading support for digital assets.

• Even if the market trading support for the digital asset is terminated, withdrawal will be supported for 30 days from the termination date (~ 2025-01-10) in accordance with the trading support termination policy.

• Members who need to withdraw the above digital asset are requested to complete the withdrawal by 2025-01-10.

*If you deposit (or transfer) an asset for which trading support has been terminated, the deposit will not be reflected, and the technical reason for the return (transfer) may take a very long time, so please be careful.

Upbit will always strive to provide the best service for the safe trading of our customers.

Thank you.

※ Hypothetical assets are high-risk products that may result in the loss of all or part of the investment.

*This information is automatically generated.