Hello. This is Upbit, the most trusted global standard digital asset exchange. STRIKE has been designated as a cautionary item, and as a result, the deposit service will be temporarily suspended. (Enforcement Decree of the Virtual Asset User Protection Act Article 17, Paragraph 1, Subparagraph m) STRIKE was designated as a cautionary item by member companies of the Digital Asset eXchange Alliance (DAXA). DAXA member companies may take actions such as issuing warnings, designating cautionary items, or terminating trading support to protect users. Please refer to the detailed reasons for the designation of STRIKE as a cautionary item below, and if you are holding this digital asset, make sure to check the following information. [Notice on Reasons for Cautionary Item Designation] - Target Markets: STRIKE/KRW, STRIKE/BTC - Reasons for Cautionary Item Designation - Upbit, in accordance with best practices for virtual asset trading support, has confirmed that the issuer or operator of STRIKE has failed to adequately disclose important matters related to the virtual asset in a timely and proper manner through electronic media, that documentation explaining important virtual asset-related matters (such as a white paper) cannot be confirmed, and that the disclosure of important information or the authenticity and sustainability of business related to the virtual asset are questionable. As a result, there are several shortcomings and potential risks to users. Therefore, to protect investors, Upbit is designating STRIKE as a cautionary item. - Cautionary Item Designation Period: July 4th, 2025 (Fri) 16:00 KST ~ July 21st, 2025 (Mon) 23:59 KST [Steps After Cautionary Item Designation] - When designated as a cautionary item, Upbit will generally conduct a detailed review of the digital asset to decide whether to extend the designation, lift it, or ultimately terminate trading support. - Upbit will review the reasons for cautionary designation after the fact in accordance with the . - During the review process, the period for cautionary review may be extended, and if the reasons are not completely resolved, trading support termination may be decided. - If the review period is extended or trading support is terminated, a separate notice will be provided with detailed schedules. - After this notice is posted, deposits of digital assets designated as cautionary items will not be reflected and all such deposits will be subject to return. - Designation of cautionary items and trading support termination by Upbit are in accordance with the . [Notice of Temporary Deposit Suspension] - Target Digital Asset: STRIKE - Deposit Suspension Time: 2025-07-04 (Fri) 16:00 KST - Deposit Resumption Notice: Details to be provided according to follow-up procedures after cautionary designation [Important Notes Regarding Deposits] - If you deposit STRIKE after the deposit suspension time, your deposit may not be reflected in your Upbit account, and recovery may be impossible. Please refrain from making deposits after the suspension period. During the suspension period, refund procedures for the digital asset will be temporarily halted and handled sequentially after the resumption of deposits. - In the event of a deposit suspension, deposit processing may be delayed due to network congestion, and there may be a discrepancy between the timing of transaction confirmations on the blockchain and their reflection in your account. - Deposits may be made on some blockchain networks before or after the suspension point, but depending on the wallet system’s status, they cannot be normally processed during the inspection period and will be handled step-by-step after the maintenance is completed, so there may be delays in reflection in your account. - In the case of unscheduled wallet or network maintenance, deposits may occur before or after a notice is issued, but due to the wallet system’s status, they cannot be normally processed during the maintenance and will be sequentially processed after the inspection, which may delay reflection in user accounts. - Any special circumstances regarding deposit resumption will be announced through this notice. Upbit will always do its best to ensure safe trading for our users. Thank you. ※ Virtual assets are high-risk products and can result in partial or total loss of investment capital. <br /> This is automatically generated information.
July 4Exchange Announcement