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LBankToken(LBK) will be delisting on July 24, 2025 at Gate, and a buyback plan for coin holders will be initiated.

Gate News bot news, according to the Gate platform announcement on July 23, 2025: LBankToken (LBK) project party will conduct a token buyback due to compliance requirements. At the request of the project party, Gate platform will delist the LBK_USDT spot trading pair and related quantitative grid trading on July 24, 2025, at 11:00 (UTC+8). The Gate platform has suspended the deposit, withdrawal, and trading services for LBK. The platform stated that it will support a buyback plan for users holding LBK, which is expected to be completed within 6 months.

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