Dear users,
Due to recent events that have created a great deal of uncertainty around TerraUSD (UST), VirgoCX will be delisting UST in 30 days’ time.
Starting on May 12, 2022, at 6:30 PM EST, VirgoCX has suspended all UST deposits.
Starting on May 26, 2022, at 6:30 PM EST, VirgoCX will disable trading of UST. If you wish to trade UST, then please do so before May 26th.
You may continue to withdraw any UST held on the VirgoCX Platform until June 11, 2022, at 6:30 PM EST. Please ensure you have withdrawn all UST holdings off the VirgoCX platform before June 11th as no withdrawal requests will be processed as of June 11, 2022.
As of the writing of this email, issues currently affecting the Terra blockchain is preventing VirgoCX from processing UST withdrawals. VirgoCX will allow for withdrawals of UST once issues affecting the Terra network have been resolved.
We thank you for your patience and understanding at this time. Should you have any questions, please reach out to our support team at support@virgocx.ca and we would happily respond to your inquiries.
VirgoCX Team
2022/05/12
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