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Upbit Reviews Sophon as Binance Kills Low-Liquidity USDC Pairs

Guavy AI Editorial Team
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BNB USDC OP ENJ UMA TNSR
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South Korea's Upbit exchange has placed Sophon (SOPH) under review due to concerns about disclosures, changes to its token circulation plan, and related procedures. As a result, the exchange has suspended deposits for SOPH.

If the issues are not resolved, it could lead to delisting of the token from the platform.

Separately, Binance will remove seven USDC spot trading pairs on September 25 due to liquidity and trading-volume factors. The affected tokens - AIXBT, DOLO, ENJ, HUMA, SXT, TNSR, and TURTLE - can still be traded through other pairs.

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