Upbit Delists Storj, JasmyCoin, and ThunderCore Amid Concerns Over Project Plans

Upbit has announced its decision to delist three altcoins - Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) - from its platform. The exchange cited various shortcomings in each project, including the disclosure of important information and questions about their business plans.

The notices were published on Friday afternoon in Seoul, with trading set to end on September 14 at 3 p.m. KST. Withdrawals for all three assets will remain available until October 14. The exchange also pointed out that these issues could potentially result in losses for users.

The three tokens saw a significant drop following the announcement. TT fell by 6.62%, JASMY dropped 5.25%, and STORJ was down 1.98%. This decline is part of a broader trend, with ThunderCore's market value near $1.9 million after a 24-hour drop of more than 57% and a 30-day decline of nearly 80%.