South Korean Giant’s Critical Decision for Altcoin: Review Period Extended!

Bithumb, one of South Korea’s largest cryptocurrency exchanges, has shared an important announcement regarding an altcoin in its portfolio.

According to the statement released by Bithumb, the “investment warning” status applied to Gnosis (GNO) has been extended. The exchange reported that the monitoring and auditing process for the asset continues as part of its investor protection policy.

Following the investigations, it was decided that the explanations and additional documents received from the project would undergo a more detailed evaluation process. In this context, the trading restrictions and warning status on GNO will be maintained for a longer period to allow for a more in-depth review.

The exchange stated that the final decision regarding GNO (whether the warning will be lifted or trading support will be terminated) will be announced during the third week of July, specifically between July 13 and July 17. Bithumb also emphasized that communication with the foundation and external experts will continue during this process to ensure a safe trading environment for investors.