Upbit flags SOPH for review over disclosure and circulation concerns as Binance removes seven USDC pairs
first published 2026-09-22T08:03:50Z
Upbit placed Sophon (SOPH) under a trading caution designation and suspended deposits across its KRW, BTC, and USDT markets, with review continuing into mid-October and possible delisting if concerns persist. Separately, Binance said it will remove seven USDC spot pairs because of low liquidity and volume, while the underlying tokens remain tradable on other supported pairs.
AI Analysis
The article reports a trading caution, deposit suspension, and possible delisting for SOPH, plus Binance removing seven spot pairs due to liquidity and volume issues. These are direct exchange actions that can affect short-term trading access and liquidity.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
