Digital Finance & Tokenization▼
GMO Coin Changes LTC Deposit Reflection Time by 10 Times
Cryptocurrency exchange operator GMO Coin has announced that it will change the reflection time for Litecoin (LTC) deposits from a minimum of 10 minutes to a minimum of 100 minutes starting from 12:00 on September 16. This is 10 times longer than the previous time. The change applies to LTC deposits received after 12:00 on September 16, and deposits from external wallets or other exchanges will take longer to be reflected in account balances. On the other hand, the time for sending funds from GMO Coin to external addresses will not change. The reason for the change is to ensure that deposits are reliably reflected, taking into account the 'reorg' situation occurring on the LTC blockchain. Reorg refers to a reorganization of the blockchain, and in March 2026, approximately 85,034 LTC were fraudulently pegged out due to exploitation of a vulnerability in MWEB, and on April 25, a reorg of 13 blocks occurred.