[Upbit] STRIKE (STRIKE) Designated as a Cautionary Trading Item

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

STRIKE (STRIKE) has been designated as a cautionary item for trading, and as a result, deposit services will be temporarily suspended. (Virtual Asset User Protection Act, Enforcement Decree Article 17 Paragraph 1 Section Ma)

*STRIKE (STRIKE) has been designated as a cautionary trading item by member companies of the Digital Asset eXchange Alliance (DAXA).

DAXA member companies may take actions such as cautionary advisories, designating cautionary items for trading, or ending trading support, from the perspective of user protection.

Please review the detailed reasons for the designation as a cautionary trading item given below, and if you are a holder of this digital asset, ensure you check the following.

[Notice on Reasons for Cautionary Item Designation]

• Target Market: STRIKE/KRW, STRIKE/BTC

• Reasons for Designation:

• Upbit has designated STRIKE (STRIKE) as a cautionary trading item because, in accordance with best practices for virtual asset trading support, we observed several deficiencies that may cause user loss. These include the issuer or operator failing to timely disclose important information using appropriate electronic media, non-verification of documents (whitepaper) explaining key details of the virtual asset, uncertainty regarding disclosure status and content, and concerns about the authenticity and sustainability of the related business.

• Cautionary period: 2025-07-04 (Fri) 16:00 KST ~ 2025-07-21 (Mon) 23:59 KST

[Notice on Subsequent Steps Following Designation]

• Once designated as a cautionary item, Upbit will typically conduct a thorough review of the digital asset to determine whether to extend the designation, lift the caution, or ultimately end trading support.

• After the designation, Upbit will review the reasons for caution according to the [Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf).

• During review, the caution designation period may be extended, and if the reasons for caution are not fully resolved, trading support may be terminated.

• If the caution designation period is extended or trading support is terminated, we will provide updates via separate announcements. The precise schedule will also be announced in such notices.

• Digital assets designated as cautionary items will not have deposits reflected after the time this notice is posted; all deposited amounts will be subject to return.

• Upbit's designation of cautionary trading items and the cessation of trading support are carried out in accordance with the [Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf).

[Temporary Suspension of Deposit Notice]

• Target digital asset: STRIKE (STRIKE)

• Deposit suspension time: 2025-07-04 (Fri) 16:00 KST

• Deposit resumption notice: To be announced according to subsequent procedures after cautionary designation

[Deposit-Related Cautions]

• After the deposit suspension time, deposits for STRIKE may not be reflected in your Upbit account and may not be recoverable. Please do not attempt any deposits after suspension. During the suspension period, deposit refunds for this digital asset will be temporarily halted and will be handled sequentially after deposits resume.

• In the event of a deposit suspension, delays in reflecting deposits may occur due to network congestion, and there may be a discrepancy between the blockchain transaction confirmation time and the deposit reflection time.

• Deposits may occur on some blockchain networks before or after the suspension time, but depending on our wallet system status, processing during the maintenance period may not be possible; thus, reflecting such deposits in member accounts may be delayed until after the check process when maintenance ends.

• In the case of unforeseen wallet or network maintenance, deposits may occur on some blockchain networks before or after the notice, but as above, processing will be delayed until after maintenance is completed and checks are performed.

• If any special circumstances arise regarding the resumption of deposit support, guidance will be provided through this notice.

Upbit will always do its best to ensure the safety of your transactions.

Thank you.

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

*This information is generated automatically.