Upbit Flags SOPH for Review as Binance Drops Seven USDC Spot Pairs

South Korea’s largest crypto exchange Upbit designated Sophon (SOPH) as a trading-warning asset and suspended deposits, citing concerns over disclosure, token-circulation plan changes and the transparency of related procedures; the review could ultimately lead to delisting if issues are not resolved.

Meanwhile, Binance, the world’s largest crypto exchange by trading volume, will remove seven USDC spot pairs — AIXBT, DOLO, ENJ, HUMA, SXT, TNSR and TURTLE — on Sept. 25, citing liquidity and trading-volume considerations, while the underlying tokens will remain listed through other pairs. — link