Coinone Puts SODA on Delisting Watchlist Following Security Breach

Coinone, one of South Korea's major digital asset exchanges, has placed SodaX (SODA) on its delisting watchlist following a confirmed security breach. The exchange announced the decision through official channels, alerting users to potential removal from trading.

The review process typically lasts around 30 days and may involve restrictions or suspension depending on the severity of the issue. Coinone's move is part of its compliance framework requiring exchanges to monitor listed assets for security, legal, and operational risks.

The exact nature of the breach has not been disclosed, but it appears to be linked to unresolved vulnerabilities in the token's infrastructure. SODA has faced scrutiny before due to low liquidity and governance concerns.