Crypto holders face Aug. 27 deadline before Kraken liquidates 21 tokens

Kraken clients holding 21 delisted tokens have until 14:00 UTC on Aug. 27 to withdraw balances before the exchange disables withdrawals and moves remaining balances toward automatic liquidation between Sept. 1 and Sept. 5. Trading and deposits for the assets were halted on May 29 at 14:00 UTC, and Kraken warned that limited or inactive markets for several tokens could result in liquidation prices well below recent reference prices, with some holders potentially receiving minimal or no proceeds.

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