It seems that some people have grown interested in buying listed currencies that are no longer valuable to the competition or actively developing.
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Apparently, a tweet from April 24 The cryptocurrency exchange OKX does not permit the purchase and sale of" case cryptocurrencies" that are listed there.
The clarification followed a series of WeChat conversations in which an alleged buyer of" shell tokens"— or as the person described it— allegedly approached OKX staff member Haiteng.
" Currencies Listed on OK, but challenge cannot continue. Somebody wants to handle these tasks.
Find an OKX shell gift budget of$ 1.5 million, payment has been collected, and DM me the trustworthy ones, according to another message. In response to the questions, Haifeng said
The purchase of case tokens is not supported by OKX. Additionally, projects that you sell shell tokens often aren't functional.
Tokens that developers" deliberately manipulate market, procedure, security, and other dangerous behaviors" may be delisted from the exchange, according to Haifeng, who also noted that OKX periodically monitors tokens listed there. He wrote," Don't even consider making this much cash in OKX."
The creator of OKX, Mingxing Xu, already commented on Haifeng's's message on the same day.
" Do not be bad." According to the OKX listing agreement, all activities that stop developing may be delisted.
Case currencies, like shell companies, are made up of cash with no appreciable market value, assets, or underlying business activities. A project may have gained earlier momentum in the case of a barrel item to have its key meet listing objectives on an exchange, but later its business activities and services stall. The underlying gift of a task must be manually removed from the list when it stops running. Purchasing a case gift has the potential to lead to marketplace manipulation, as OKX staff has noted.
Avoid being bad. According to the OKX listing agreement, all tasks that have stopped developing will be delisted.
Star( starokx ) 24 April 2023
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