{"id":220910,"date":"2024-04-05T17:18:57","date_gmt":"2024-04-05T17:18:57","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/05\/bithumb-designates-santos-porto-and-lazio-tokens-as-investment-warning-assets\/"},"modified":"2025-06-25T17:19:14","modified_gmt":"2025-06-25T17:19:14","slug":"bithumb-designates-santos-porto-and-lazio-tokens-as-investment-warning-assets","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/05\/bithumb-designates-santos-porto-and-lazio-tokens-as-investment-warning-assets\/","title":{"rendered":"Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>Bithumb has announced new Investment Warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risks. <\/p>\n<div>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">As South Korea&#8217;s premier digital asset platform, Bithumb has continually prioritized investor protection through its rigorous trading support policies and oversight of supported digital assets. In a recent announcement, Bithumb has notified users of its decision to designate three football club tokens\u2014SANTOS FC (SANTOS), FC PORTO (PORTO), and SS LAZIO (LAZIO)\u2014as Investment Warning assets. This decision is aligned with their &#8220;Virtual Asset Investment Warning Designation Policy.&#8221;<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">The primary reason cited for these new designations is the low liquidity associated with these tokens, which increases the risk of price manipulation and could potentially harm investors. As a protective measure, these tokens have been marked to alert investors to exercise caution when considering trades.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Here are the detailed plans for the Investment Warning designation:<\/span><\/span><\/p>\n<ol>&#13;<\/p>\n<li><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Designation Date: April 5, 2024<\/span><\/span><\/li>\n<p>&#13;<\/p>\n<li><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Suspension of new deposits: Expected from April 5, 2024, at 12:30<\/span><\/span><\/li>\n<p>&#13;<\/p>\n<li><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Notice of extension, removal of designation, or end of trading support: Mid-April (between April 15 and April 19)<\/span><\/span><\/li>\n<p>&#13;\n<\/ol>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Please note that these schedules are subject to change due to internal circumstances. Additionally, if the reasons for the Investment Warning designation are resolved within the designation period, the assets may be cleared of the warning status.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Bithumb&#8217;s commitment to a sound and transparent trading environment is unwavering. The platform ensures ongoing and systematic supervision of supported virtual assets and maintains communication with external experts and foundations to provide a secure trading space for investors.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Investors are advised to stay informed about updates and to proceed with caution when trading these designated assets. Bithumb thanks its users for their continued support and understanding as it leads the way in creating a healthy and transparent trading ecosystem.<\/span><\/span><\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span>\n                                <\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/blockchain.news\/news\/bithumb-designates-santos-porto-and-lazio-tokens-as-investment-warning-assets\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bithumb has announced new Investment Warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risks. As South Korea&#8217;s premier<\/p>\n","protected":false},"author":1,"featured_media":220911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[171],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220910"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=220910"}],"version-history":[{"count":2,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220910\/revisions"}],"predecessor-version":[{"id":330380,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220910\/revisions\/330380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/220911"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=220910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=220910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=220910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}