In August 2025, South Korean exchanges Upbit and Bithumb decided to end trading support for Pundi AI (PUNDIAI) due to detected security vulnerabilities and lack of transparency.
Reasons for Pundi AI Delisting
According to Upbit's official announcement, the delisting decision was based on assessments by the Digital Asset Exchange Advisory Board (DAXA), which has the authority to issue trading alerts for specific assets and discontinue their support. On July 14, 2025, PUNDIAI was flagged as a 'trade alert entity' due to security breaches and the project's failure to adequately inform investors about issues.
Withdrawal Dates and Procedures
All open orders on the PUNDIAI/BTC trading pair will be canceled on August 28 at 3 PM. Users will be able to withdraw their PUNDIAI assets until September 29, 2025. After this date, any investments made will not be processed, and the return of mistakenly sent assets may take significant time due to technical reasons.
Recommendations for Users
Users are strongly advised to withdraw their PUNDIAI assets before the established deadline. Upbit and Bithumb will not provide any services related to PUNDIAI after August 28.
The delisting of Pundi AI from Upbit and Bithumb emphasizes the importance of security and transparency in the cryptocurrency industry. Users should remain vigilant regarding asset status changes and follow exchange recommendations.
