Exchange Announcement

[Upbit] Pundi AI (PUNDIAI) Trading Support Termination Notice (8/28 15:00)

Source
Exchange Announcement Bot

Summary

  • Upbit announced that it will end trading support for Pundi AI (PUNDIAI) at 15:00 on August 28, 2025.
  • The reason for the termination is the identification of the risk of user harm, such as the failure to disclose key information related to the virtual asset.
  • Withdrawals will be available for 30 days after trading support ends, and after the withdrawal support period, deposits and returns may be very difficult.

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Trading support for Pundi AI (PUNDIAI) is scheduled to be terminated by the member companies of the Digital Asset Exchange Alliance (DAXA). DAXA member companies may take actions such as issuing cautions, designating items for caution, or terminating trading support to protect users.

  • Reference: [Pundi AI (PUNDIAI) Notice on Caution Item Designation](https://upbit.com/service_center/notice?id=5320)

[Notes on Trading Support Termination]

  • The termination of digital asset trading support shall comply with Upbit's Digital Asset Trading Support Termination Policy. : [Upbit Digital Asset Trading Support Closure Policy](https://static.upbit.com/guide/market_policy_close.pdf)

  • Trading support for this digital asset will end on 2025-08-28 (Thu) 15:00 KST.

  • Upon termination of trading support, any previously placed orders (buy/sell) in the relevant pair will be cancelled in bulk before trading support ends.

  • After this notice, services such as airdrops, wallet upgrades, and hard forks for the digital asset scheduled for trading support termination will not be provided.

[Digital Asset Trading Support Termination Notice]

Pundi AI (PUNDIAI)

  • Target pair: PUNDIAI/BTC

  • Scheduled termination date: 2025-08-28 (Thu) 15:00 KST

  • Reason for termination

  • Upbit reviewed Pundi AI (PUNDIAI) under the exemplary cases for virtual asset trading support, and found that there were multiple shortcomings, such as past security incidents like hacking and the issuer or operator failing to promptly disclose essential matters regarding the virtual asset through proper electronic means. Considering the risk of potential user harm, Pundi AI was designated as an item of caution on July 14, 2025. After further thorough review, Upbit determined that the reasons for caution designation had not been resolved and, by policy, decided to proceed with the trading support termination.

  • Even after trading support for this digital asset is terminated, withdrawals will be supported for 30 days from the termination date (~2025-09-29) in accordance with the Trading Support Termination Policy.

  • Members who need to withdraw this digital asset must complete withdrawals before 2025-09-29. If assets are deposited (or mistakenly sent) after trading support ends, deposits cannot be processed, and after the withdrawal period ends, return of mis-sent assets may take a very long time due to technical reasons. Please be sure to take caution.

Upbit will continue to do its best to ensure safe trading for our customers.

Thank you.

※ Virtual assets are high-risk products and may result in loss of all or part of your investment.

*This information is automatically generated.

Exchange Announcement Bot

Exchange Announcement Bot

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