The Korean exchange regulator group DAXA has flagged AI16Z as a trading alert on the Bithumb list after citing concerns over untimely, opaque, and insufficiently reasoned disclosures that could affect the token’s value. As a result, AI16Z deposits are suspended, and market participants should monitor liquidity conditions while the designation remains in force.
Officials say the move signals regulatory scrutiny rather than a verdict on fundamentals, with the joint body reviewing whether to extend the alert, lift it, or terminate trading support. The official decision is anticipated in the second week of January, after which Bithumb and DAXA will issue further guidance. Investors are advised to rely on primary communications from Bithumb and the regulator, and to reassess exposure risk accordingly.
Source: https://en.coinotag.com/breakingnews/ai16z-placed-under-trading-alert-by-koreas-daxa-bithumb-suspends-deposits-ahead-of-january-decision
