Kraken is force-selling 7 delisted tokens into dead markets, warning users insufficient liquidity could result in zero proceeds

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Kraken began on Aug. 3 the forced sale of seven delisted tokens, namely PLANCK, AIR, MICHI, FLY, ANLOG, TERM and STRD, during a five-day window running through Aug. 7. Withdrawals were closed on July 31 at 14:00 UTC, preventing affected clients from moving these assets off the platform on their own. The exchange warns of limited or inactive markets that could result in proceeds well below recent reference prices, or even zero. Kraken has not disclosed the execution venue, sequence of asset or account processing, applicable fees, or settlement currency. As an illustration, a CoinGecko snapshot from Aug. 2 showed approximately $591 in 24-hour volume for the PLANCK token on the only active pool.

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Telemac
Telemachttp://cryptoinfo.ch
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