Upbit Adds MANTRA to Trading Warning List, Suspends Deposits & Withdrawals

South Korean cryptocurrency exchange Upbit has added MANTRA (OM) to its trading warning list and temporarily suspended deposits and withdrawals for the asset. The decision follows a review of MANTRA's tokenomics, which raised concerns among regulators.

According to a statement from Upbit, the exchange is taking this measure to ensure transparency and compliance with regulatory requirements. The suspension will be in place until further notice, and users are advised to check for updates on the exchange's website.