Grostlcoin (GRS) Placed Under Trade Caution on Bithumb and Upbit as DAXA Flags Disclosure Gaps and Investor Risk
On December 2, two major Korean exchanges, Bithumb and Upbit, moved to label Grostlcoin (GRS) as a Trade Caution asset and paused new deposits. The coordinated action reflects a cautious risk management stance as traders reprice liquidity and counterparty risk in this token class.
In a separate assessment, DAXA, Korea’s self-regulatory watchdog, flagged insufficient disclosure of material factors affecting token value. The report highlighted governance and development gaps, describing several substandard conditions that could expose investors to elevated risk.
Market participants are advised to follow official disclosures, perform rigorous due diligence on liquidity and custody, and assess the project’s audit and roadmap credibility. This episode underscores the importance of transparent disclosures in ensuring orderly pricing and investor protection.