Delisting

To enhance the user experience on LATOKEN Exchange, we have established Special Treatment Rules (“Rules”). These guidelines apply to projects that may be at risk of delisting.

What does "REVIEW" mean?

Projects marked as “REVIEW” (“R”) are under mandatory observation and review for a specified period due to specific risks. The project may be delisted if the issues are not resolved during the specified observation period. 

What triggers the “REVIEW” status or delisting?

Projects may be assigned a “REVIEW” status or delisted if they face any of the following issues:

1. Voluntary delisting: The project applies for a delisting from LATOKEN.
2. Low liquidity: The project shows prolonged low trading activity.
3. Security concerns: The project has unresolved technology or security issues.
4. Ceased operations: The project halts or is likely to stop its business activities.
5. Disbandment risk: The project’s team faces the risk of being dissolved.
6. Financial instability: The project is nearing insolvency, liquidation, or bankruptcy.
7. Malicious behaviour: The project is suspected of unethical or harmful actions.
8. Legal or regulatory violations:
   • The project team members (e.g., founders, consultants) are under investigation or convicted of legal breaches.
   • The project or team members (including but not limited to founders) are subject to sanctions (US, UN, UK, or EU).
9. AML/ATF Rules violation: Violations of anti-money laundering/anti-terrorist financing rules or failure to cooperate with investigations.
10. Market misconduct: Activities, such as wash trading, market manipulation, or insider trading.
11. High-risk assessment: The project is deemed high-risk by LATOKEN's audit, legal, or technical teams.
12. Failure to update LATOKEN: Missing deadlines for reporting material changes, such as updates on development, team members, or listed entities.
13. Other risks: Any other situations LATOKEN considers a risk to its users or platform.

What happens during the “REVIEW” period?

• The project’s ticker symbol will display a special designation (“R”) as a warning to users.
• The project will undergo close observation and scrutiny.
• If the project fails to meet basic liquidity requirements or address issues during this period, it may be delisted.
• If the project resolves the issues and meets the liquidity threshold, the “REVIEW” status will be removed.

Can projects be delisted immediately?

Yes. LATOKEN may immediately delist a project if circumstances warrant, without prior notice.

What happens after delisting?

• All trades and deposits for the project will be suspended.
• The project must undergo a new approval and listing process to be relisted on LATOKEN.

Can the Rules change?

LATOKEN reserves the right to update these Rules at any time without prior notice.

For further inquiries, please contact LATOKEN Support.