The South Korean exchange Upbit has announced that it will stop trading support for DAD on January 31, 2025. This move is due to issues with DAD's transparency and information disclosure, which could pose a risk of user losses.😮
As early as December 2024, Upbit had listed DAD as a trading warning asset and requested an explanation, but did not receive a response.📉
After the trading halt, all pending orders will be canceled, and users must withdraw their assets by March 2, 2025, or they will not be able to withdraw them after the deadline. Additionally, Upbit will no longer support DAD's airdrop or hard fork services.🔒
This decision serves as a reminder for investors to be cautious when choosing crypto assets and to pay attention to their transparency and information disclosure.📊