Huobi delists 33 tokens in one day citing trading risk, low volume

cointelegraph.com:

According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 tokens consisting of tickers ABT, ATP, APN, AST,DIE, DHT, DFA, EDEN, GEAR, HC, INDI, IOI, INV, IRIS, GCOIN, GOF, KMA, MTA, NAS, OPUL, PEARL, PRIMATE, QASH, SMT, SLC, SKU, SOC, STC, TALK, VALUE, WHALE, WILD and YAM. Effective Jan. 16, the aforementioned tokens will cease trading and be delisted permanently. In explaining the decision, Huobi wrote that most of the tokens violated Section 17, Rule 1, and Section 17, Rule 2, of the Huobi Token Management Rules, which states:

According to Huobi, an "ST" warning is issued for a token based on the following series of triggering events:

In particular, Huobi stated that HC (Hcash) was delisted because it violated Section 17, Rule 17 of the Huobi Token Management Rules. Rule 17 indicates a "severe violation of regulations or other high-risk scenarios." Huobi is currently ranked 17th in the world by total 24-hour trading volume. Cointelegraph previously reported that doubts mounted over the exchange's future amidst layoff rumors.