Dear LBank users,
We have identified an unreasonable burning mechanism in the UNCO project, where each transaction results in a 75% loss of tokens. To protect our users' interests, LBank has decided to suspend trading, withdrawal and deposits for UNCO (UNCOCOIN) at 13:30 on February 27, 2025 (UTC) until further notice.
We are actively communicating with the project team to seek a resolution. Further updates will be provided as soon as possible.
Thank you for your understanding and support.
LBank Community
For any assistance, please contact us at our official email service@lbank.com. We are dedicated to providing quality, professional and prompt support.
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.