Receiving investment alerts by South Korean exchanges and found in its ecosystem Neutrino USD (USDN) after the stablecoin named lost its stability to 1 dollar Waves (WAVES) altocinnew developments are taking place.
Sasha Ivanov, the founder of Waves Blockchain, made a statement yesterday, stablecoin announced its release.
Making a new statement today in the face of the developments, Sasha Ivanov called out to crypto money exchanges to disable Waves token futures trading.
The world’s largest cryptocurrency exchange, Ivanov shared on his Twitter account, asking for the token to be disabled. Binance outside Kraken, KuCoin, Huobi, OKX and Bybit called the stock exchanges.
The Waves founder said that short sellers are spreading “FUD” about the waves as the token has dropped 40% in the past two weeks.
“Waves does not need futures markets. They are a breeding ground for FUD and make money from short positions, so they are profitable.
I request all CEXs to disable Waves futures markets.”
#waves does not need $waves futures markets. They are a breeding ground for FUD and making money off short positions, profitable because of it.
I kindly ask all #cex‘s to disable Waves futures markets.@binance @kucoincom @krakenfx @HuobiGlobal @okx @Bybit_Official
— Sasha.waves (@sasha35625) December 21, 2022
In a statement, the Waves founder stated that the reason for the token’s decline was a warning from DAXA, a South Korean digital asset community.
South Korean exchanges complying with DAXA’s warning, Waves (WAVES) stopped token deposits.
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