Locus Chain (LOCUS) is a token of a data storage system in which participants can freely add their information. All data blocks, transactions, stored data in the Locus Chain, including those generated during the consensus process, are called a ledger.

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Locus Chain

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Hello, this is Locus Chain Foundation.

We would like to announce our point of view regarding the notice that has been made today on Bibox.

We are greatly sorry about the statement from Bibox regarding the withdrawal of Locus Chain’s listing.

Our foundation has actively made inquiries about the problem that occurred during the listing and also the problematic transaction that occurred after the listing. However, we have only received conventional answers such as ‘check the FAQ’ and we still have not received any answers on the official requesting letter regarding the withdrawal of listing that we have sent on March 29th. 

We are very regretful about the way Bibox is handling this issue although we have made clear conditions in regards to the agreement that had been made since the process of listing. 

We would like to clarify that Bibox did not forcefully execute the withdrawal of listing, but it is the case that Locus Chain officially requested to Bibox for the withdrawal of listing.

We hope that our holders will not have anymore confusions about this situation, and we recommend you to withdraw the tokens that are kept in Bibox and be mindful of future transactions. Thank you.