Fellow CoinTiger Users,
DDX (DietBitcoin) experienced severe price fluctuations from late evening to early morning after its launch on 22 March 2019 on the CoinTiger Exchange. After investigation made by CoinTiger, we are confirmed that DDX project team has concealed the fact of two times ICOs with large price difference, and they did a malicious selling after DDX was listed. Those behaviors have triggered the delist condition of CoinTiger. Thus, we declare our decisions on DDX/BTC trading pairs as follows:
1. CoinTiger will close down DDX deposits and trading while opening DDX withdrawal function at 10:00 on 24 March (UTC+8) with a snapshot of the users’ DDX assets.
2. Delist of DDX/BTC trading pair on 25 March 16:00(UTC+8). Please cancel orders before 15:59 on March 25th(UTC+8) for users with opening orders.
3. The DDX withdrawal will close down at 16:00 on 25 April(UTC+8).
DDX transaction users affected by the incident will be compensated reasonably by CoinTiger. Specific compensation plans will be provided with an announcement in the form of notice at 16:00 on 26 March 2019(UTC+8).
CoinTiger is deeply aware that we have not done enough in terms of project information collection and verification, as well as project token monitoring and risk early warning. Therefore, CoinTiger deeply apologizes for the inconvenience caused. We will constantly improve to provide a better asset selection for our customers with more rigorous audit and a responsible attitude to minimize the investment risk of users.
CoinTiger thank you for your kind support!
Telegram (English): https://t.me/Cointiger_en