South Korea’s largest crypto exchange will delist BONK due to unresolved security issues and inadequate disclosure of material information.
Upbit will delist Bonk (BONK) on September 7, removing BONK/KRW and BONK/USDT trading pairs. The exchange cited unresolved security incidents and insufficient disclosure of key information as reasons for the delisting.
BONK withdrawals will remain available until October 7, allowing users to move assets off the platform. Upbit is South Korea’s largest crypto exchange by trading volume, and the delisting may impact BONK’s liquidity in the region.
No immediate market reaction was reported following the announcement.