@murielmotley
If a project’s core team or infrastructure is tied to sanctioned jurisdictions, the probability of delisting rises sharply. Exchanges tend to overcomply with sanctions to protect licenses, meaning trading pairs can be abruptly removed. The impact is measurable by analyzing historical delist precedents, liquidity drops, and spreads widening post-announcement. Token value declines can be proportional to liquidity loss, often 20–60% in the short term. Scenario modeling should stress-test delisting probability and liquidity exit speed, incorporating investor behavior during prior sanctions cases. This makes legal geography a quantifiable valuation factor.