Announcement on the Handling of "ST" for SSP (Smartshare)
As part of ongoing efforts to safeguard assets of users on our platform, Huobi has decided to add the ST logo to SSP (Smartshare) on March 27, 2020 (GMT+8) on the basis of recent events spelt under Article 12 item(3), Article 13 item(1), and Article 16 item(3) of Token Administration Regulations of Huobi:
Article 12 Regular Review (3) Other factors that may affect the token prices, such as the changes of the token holdings of the teams or other major holders, the fulfillment of the commitment to lock tokens, etc.;
Article 13 Special Investigation (1) Users report that project teams are suspected of the circumstances specified in Article 12, project teams have not made any reply, or the reply is not sufficient to overturn the circumstances specified in Article 12;
Article 16 Handling of "ST" (3) It is considered necessary to mark "ST" through the comprehensive evaluation of inquiry, regular review, special investigation or on-site investigation;
Huobi will continue to monitor events surrounding the SSP (Smartshare) project. Depending on the gravity of the circumstance, Huobi retains the right to remove the "ST" tag if terms under Article 17 are met. Should any criteria under Article 18 be met, depending on the gravity of the issue, Huobi may choose to hide the trading pair altogether.
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March 27, 2020