Crypto exchange Phemex has placed 82 tokens under review after each market met at least one of the platform’s risk criteria. The concerns relate to liquidity and project compliance, according to CryptoSlate. Phemex did not specify which criterion applied to any individual trading pair, leaving the precise reason for each token’s review undisclosed. The notice covers markets associated with assets including Alchemy Pay (ACH), Compound (COMP), Ethereum Name Service (ENS), Meteora (MET), Notcoin (NOT), Propy (PRO), and RedStone (RED). The announcement represents a risk-monitoring action by the exchange, but the available information does not state whether any of the tokens will be delisted or whether other trading restrictions will follow. Market participants will need further details from Phemex to determine how the review affects individual pairs.
Source
CryptoSlate
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