Bonk Inu (BONK) Delisted: Upbit Announces Unexpected Measures
After weeks of review, South Korean cryptocurrency exchange Upbit has declared that it will delist Bonk Inu (BONK), citing unresolved security and compliance issues. The ruling is another instance of Korean exchanges adopting a more stringent approach to investor protection, and it comes after BONK was designated as a trading caution asset in early July 2026. BONK Trading support isnt supported Upbit claims that trading support for BONK will expire on September 7, 2026, at 15:00 KST, at which point all pending buy and sell orders will be automatically canceled. Until October 7, 2026, users will still have 30 days to withdraw their BONK holdings. The exchange clarified that neither market performance nor trading volume had any bearing on its decision. BONK/USDT Chart by TradingView Rather, it highlighted issues found during its examination in accordance with South Koreas guidelines for virtual asset listing. According to Upbit, it discovered unresolved problems with security incidents involving wallets or the underlying blockchain infrastructure, pointing out that the causes had not been adequately identified or fixed. Digital Currencies The projects handling of material disclosures was also criticized by the exchange, which claimed that crucial information was not conveyed in a timely and suitable manner. In July, Upbit put BONK under