Bitcoin News Official TheBitTimes.com

The crypto exchange says more potential issues, such as an opaque token economy and an unclear vesting schedule, have also been discovered. Cryptocurrency exchange Bitget has decided to delist Floki’s sister token, TokenFi (TOKEN), and launch a buyback plan after the company discovered market manipulation issues related to the project. In a press release on Oct. 31, the exchange said the TokenFi team was suspected of market manipulation by “maliciously controlling the initial liquidity.” Bitget also addressed issues related to the project’s liquidity on decentralized exchanges, saying less than $2,000 in tokens have been added to the liquidity pool. “In addition, during a further investigation of the project, more potential issues such as an opaque token economy and an unclear vesting schedule have been discovered.” Bitget You might also like: Floki up 13% as devs launch RWA platform As a result, Bitget suspended deposits and trad...

Users initially panned Mithril’s return-of-deposit allegation until an original Binance listing document came to light that raised further questions. On Dec. 15, cryptocurrency exchange Binance announced that four Tokens — Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) — would be delist ed from the exchange effective Dec. 22 due to not meeting the “high level of standard we expect.” Immediately after the announcement, decentralized social media protocol Mithril, whose token had a market capitalization of less than $10 million at the time of publication, posted the following statement on Twitter: “Today, Binance has announced that it will delist MITH. As part of the MITH listing, Binance required a 200,000 BNB deposit, which was never returned. On behalf of the Mithril community, we ask @cz_binance to return this deposit so that Mithril may continue to operate.” At the time of the initial listing, 200,000 BNB (BNB) was valued at $1.9 million. As ...