Upbit, Bithumb, Coinone designate SXP for investment warning

South Korean crypto exchanges Upbit, Bithumb, and Coinone have designated Solar (SXP) for an investment warning. The move was announced by the Digital Asset eXchange Alliance (DAXA), a consultative body of which the exchanges are members. DAXA stated that the designation was made after a review of the project's business viability and sustainability raised concerns about the potential for user harm.