Wow, just wow. I have noticed a massive pump on this coin and all the volume shifted to this token. Absolutely ridiculous how IDEX responded. They delist token because of a listing rules violation. How did they mean this? Why to list it and then delist? It looks shady from both sides to be honest.
This is why you need to do your own due diligence before putting any money into a project (or trading a coin).
Yes, even I considered buying some when it dumped to ~5 vits but anytime I see a coin lose 99% in value in a very short period, that's a major red flag. It's almost always an exit scam or hack. After stumbling across this thread, it was then obvious to me that this was a scam.
Sure, I could have made over 1000% in a few hours but I'll never put any money into a project or trade a coin in which I perceive to be a scam.
IDEX LISTING GUIDELINES:
" Once you have submitted the token to our team, we will carry out a careful review of the project’s platform, technology, and team. When evaluating a token, we look at the following characteristics:"
Token Listing:
The Aurora team carefully evaluates every token submitted for listing on IDEX within two weeks of submission. If a token meets our listing criteria, IDEX will request a meeting with the token’s team via
webcam to finalize details. Pending this in-person meeting, the token will be added to IDEX and announced via our Twitter channel when it is available for trading.
Idex obviously did a very big mistake, and a lack of investigation in this case. People trusted idex, and idex lied , this things hurt all the cryptoworld and people lost confidence, more after Idex this week saying that they will implement KYC soon for traders... KYC for traders and not for Tokens??
