Kraken's Countdown: Delisted Cryptocurrencies Face Liquidation Deadline
Kraken has notified holders of 21 delisted cryptocurrencies that they have until August 27, 2026, to withdraw their funds. After this deadline, any remaining balances will be automatically liquidated between September 1 and 5.
The list includes FARM, NYM, MOON, SAROS, SPICE, TEA, and others.
The trading and depositing of these tokens were halted on May 29, leaving withdrawals as the only remaining option for holders.
Kraken warns that if users don't withdraw or convert their holdings by August 27, they risk losing funds due to low liquidity and potential liquidation prices significantly lower than recent reference prices.