XENT Faces Delisting as Court Upholds Bithumb’s Appeal on Injunction

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XENT Faces Delisting as Court Upholds Bithumb’s Appeal on Injunction On October 18, 2024, XENT announced via its official X account that the Seoul Central District Court has upheld Bithumb Exchange’s appeal regarding the July 8 injunction that prevented XENT’s delisting.

For existing users and investors, the delisting could lead to a loss of market access and reduced liquidity, making it more challenging to trade XENT tokens.

While the delisting and the court’s decision have created significant hurdles, XENT pledged to take time to reorganize its operations and move forward.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSouth Korea

Topics: Crypto News XENT

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 13:44:12 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 795 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23119918

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