Upbit将SOPH列入观察名单，而Binance则下架了7个USDC交易对

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Upbit has included Sophon (SOPH) in a trading warning and suspended recharge. Binance will remove seven USDC spot trading pairs on September 25.

South Korean Exchange Upbit has included Sophon (SOPH) in the trading warning list and suspended relevant recharge services; at the same time, Binance announced that it will remove seven USDC spot trading pairs on September 25.

Upbit: SOPH faces trading warnings and censorship

Upbit lists SOPH as a prudently traded asset in the Korean Won (KRW), Bitcoin (BTC) and TEDA (USDT) markets. The review period for SOPH will last until mid-October. If the issues of concern to Upbit remain unresolved by then, the token may face the risk of being removed from the shelves.

Upbit officially designated SOPH as a "transaction warning" asset at 3 pm Korean Standard Time on September 22, covering three trading pairs: SOPH/KRW, SOPH/BTC and SOPH/USDT. The South Korean Exchange pointed out that the move was due to problems such as insufficient information disclosure, changes in the token circulation plan and flaws in the change procedures.

Upbit said its review found "numerous flaws" in the project and "potential risks of user harm." At the same time as the notice was issued, SOPH's recharge channel has been closed, but the existing spot market will remain open during the evaluation period.

According to Upbit's announcement, any recharge sent after this deadline will not be credited normally and will be refunded. Refund processing will be suspended until the recharge service is restored and will be processed in order after the service is reopened.

The focus of this warning is on the transparency of information provided to investors. Upbit assessed whether the project disclosed material information in a timely manner through appropriate electronic channels, the scale of changes to the SOPH circulation plan, and whether the process for governing such changes was sufficiently transparent and reasonable.

The post-market framework released by Upbit explains that warning cases may involve aspects such as project status, technology, technical support and transaction conditions. If the underlying issue is resolved, the warning can be lifted; if the issue is not resolved, transaction support may be terminated after the review period ends.

Previously, Upbit lifted the warning on the project after reviewing the TAIKO security incident and project remediation measures in July, and resumed the recharge service after confirming that the problem had been resolved. This shows another possible outcome.

Bithumb also conducts a similar review of SOPH

Upbit is not the only South Korean exchange to review SOPH. According to CoinNess, on September 22, Bithumb also included SOPH on the warning list due to similar information disclosures, changes in circulation plans and related procedural issues.

Bithumb's actions put the case under double scrutiny on South Korean exchanges, although each platform makes independent decisions about transaction support. Bithumb's general policy states that assets on investment alert status will continue to be monitored and that if identified problems are not corrected, trading support may eventually be lost.

SOPH在2026年已经经历了基础设施变更。Bithumb在7月28日恢复了SOPH转账，将其支持的充值和提款从Sophon网络迁移至以太坊网络，并表示原Sophon网络将不再支持转账。

此外，Upbit曾于9月8日至11日期间因网络过渡临时暂停SOPH的充值和提款。9月22日的警示并未表明上述任一网络迁移是其关于代币流通担忧的原因，因此这两件事不应被视为同一问题。

Binance：七个USDC现货交易对将于9月25日下架

在Binance方面，审查产生了范围较窄的行动。Binance宣布，AIXBT/USDC、DOLO/USDC、ENJ/USDC、HUMA/USDC、SXT/USDC、TNSR/USDC和TURTLE/USDC将于9月25日UTC时间03:00停止交易。交易所指出，原因是“流动性差和交易量低”。

当USDC市场关闭时，底层代币仍可通过Binance上其他支持的货币对进行交易。此前，Binance本月已移除了这四个受影响USDC交易对的保证金支持。

Binance的9月25日行动与SOPH的警示不同。交易所是在常规市场审查后移除个别报价交易对，而非宣布全面下架AIXBT、DOLO、ENJ、HUMA、SXT、TNSR或TURTLE等代币。

当交易在UTC时间03:00结束时，用户可以通过Binance上其他可用的现货市场继续买卖这些底层资产。USDC作为Binance支持的资产仍然有效；此行动仅涉及指定的七个订单簿。

Spot trading robot services bound to these seven markets will also be stopped at the same time. Binance advises customers to disable or cancel affected robots before the deadline to reduce the risk of unintended results when markets close.

The exchange has used the same procedure multiple times in September. Previously, Binance removed four USDC spot trading pairs involving BREV, COOKIE, LA and QNT on September 18. Each underlying token can still be traded through other supported Binance markets.

This process is different from a comprehensive asset removal. For example, Binance's phased removal of Pax Dollar involves multiple exchange services, including spot trading, top-up, withdrawals, margins, loans and other products, each with different deadlines. In Tuesday's seven trading pair announcements, no similar toin-level comprehensive withdrawal schedule appeared.

Some affected trading pairs have lost margin rights

Several planned spot markets have been removed from Binance margin trading. Binance has removed AIXBT/USDC, SXT/USDC, TNSR/USDC and TURTLE/USDC from cross and step-by-position margin trading on September 3.

BREV/USDC is an early margin action, but was not included in the September 25 spot trading pair announcement. DOLO/USDC, ENJ/USDC and HUMA/USDC appeared in Tuesday's spot announcement but were not included in Binance's September 3 margin removal list.

Binance表示，其现货交易对审查考虑市场质量，当流动性或交易量低于交易所要求时，可能会移除个别订单簿。周二的公告未提供单独的成交量阈值或特定于交易对的数据来解释为何选择这七个市场。