Kraken Withdrawal Deadline on 25 September: Why Humanity and Beldex Holders Have Two Tokens in Their Account

Anyone holding Humanity or Beldex balances at the crypto exchange Kraken has to withdraw them by 25 September 2026 at 14:00 UTC. After that, Kraken liquidates whatever remains itself, between 28 September and 2 October. The exchange states in its own notice that proceeds may fall well below recently seen prices and, in individual cases, may be minimal or zero. Four tickers are affected, although only two projects are involved: $H and $HUMANITY on one side, $BDX and $BELDEX on the other. The reason for the duplicate positions goes back months. Both projects were attacked in June 2026, both responded by rolling out a new token contract, and Kraken credited the replacement to customer accounts automatically. Anyone who held Humanity or Beldex at Kraken in June has had two lines in their portfolio ever since, without doing anything to get them. Both lines expire on the same day at the same minute. What actually happens at Kraken on 25 September 2026 at 14:00 UTC Kraken has published one support notice for each project, and both carry the same sequence of dates. Trading and deposits are already permanently disabled for all four tickers; the only remaining function is withdrawal, meaning a transfer to an address outside the exchange. That withdrawal window closes on 25 September 2026 at 14:00 UTC. From 28 September to 2 October 2026 the liquidation phase then runs, during which Kraken sells any remaining balances without involvement from the account holder. For you that means there is exactly one action left that changes anything, and one date on which it ends. A sale through the exchange order book is no longer an option, because trading stopped long ago. Letting the deadline pass does not convert your tokens into cash; it hands Kraken the timing and the price. Why two positions suddenly sit in the account: snapshot, airdrop and a new contract Both cases follow the same pattern. An attacker exploits a weakness in the project's bridge infrastructure, unbacked tokens are created, the project then retires the old contract and publishes a new one. To make sure nobody is expropriated, the project falls back on a record of balances taken before the attack and distributes the new token against it at a one-to-one ratio. Kraken handled that distribution for its customers and credited the new tokens directly. The order of events matters, and it often gets reversed: the cut-off date lies before the attack, not after it. For Humanity it is 8 June 2026 at 17:25 UTC, for Beldex 10 June 2026 at 23:36 UTC. Anyone holding a balance at that moment is eligible. Anyone who bought later is not, under the rules of both projects.