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Upbit has listed MANTRA as a "Cautionary Trading" asset and has temporarily suspended deposits and withdrawals

BlockBeats News, August 21st. According to official sources, South Korea's largest cryptocurrency exchange Upbit has listed MANTRA as a regulated trading asset and has temporarily suspended MANTRA's deposit and withdrawal services.


Upbit stated that MANTRA is a targeted asset due to security incidents such as hacks whose causes have not been identified or rectified, related to MANTRA's virtual asset wallet managed by its issuer or operator, or the distributed ledger for issuing, transferring, and storing virtual assets. Considering these factors, it has been confirmed that user damages have occurred or may occur. Therefore, to protect investors, Upbit has designated MANTRA as a regulated trading asset.

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