Upbit to Delist BONK, Citing Security and Disclosure Concerns

South Korean crypto exchange Upbit will end trading support for Bonk (BONK) on Sept. 7, removing the BONK/USDT and BONK/KRW pairs after citing unresolved security incidents and inadequate disclosure of material information.

The exchange will continue to support BONK withdrawals until Oct. 7.

BONK fell 4.8% following the announcement to $0.000002667.

The token reached an all-time high of $0.00005825 on Nov. 19, 2024. At its latest reported price, BONK is trading 95.4% below that peak.

Source: Upbit