Bithumb Flags BB, GALA, and SUNDOG for Possible Delisting

BitcoinWorld Bithumb Flags BB, GALA, and SUNDOG for Possible Delisting South Korean cryptocurrency exchange Bithumb has placed three tokens — BounceBit (BB), Gala (GALA), and SUNDOG — on its delisting watchlist.

The exchange cited inadequate disclosure of key matters that could materially affect the assets’ value by the issuing or operating entities, as well as confirmed security incidents including hacking.

Why Bithumb is reviewing these tokens Bithumb’s decision follows its internal review process designed to protect investors and maintain market integrity.

According to the exchange’s notice, the tokens failed to meet certain disclosure standards, raising concerns about transparency. Additionally, confirmed security incidents, such as hacking, have added to the risk profile of these assets.