Exchange Announcement

Notice of Designation as a Cautionary Trading Item: DVI

Source
Exchange Announcement Bot

Summary

  • Coinone announced that it designated Division (DVI) as a cautionary trading item.
  • It said that, through discussions with DAXA member companies, insufficient areas regarding disclosure of important matters and business status and the possibility of user harm were confirmed.
  • It said that during the designation period it will decide whether to extend trading support, lift the designation, or terminate trading support following additional review.

Hello. This is Coinone.Coinone has strictly reviewed each virtual asset and supported trading in order to create a sound virtual asset ecosystem.

In accordance with the 'Policy on Designation of Cautionary Trading Items and Termination of Trading Support', we inform you of the designation of Division (DVI) as a cautionary trading item. Customers holding the virtual asset should check this notice and refer to it. Division (DVI) has been designated as a cautionary trading item by member companies of the Digital Asset Exchange Association (DAXA).

DAXA member companies may take measures such as issuing cautionary notices, designating assets as cautionary trading items, and terminating trading support in the interest of user protection. Therefore, customers holding the virtual asset should check this notice and refer to it.

Reason for Designation as a Cautionary Trading Item

It was confirmed that there are many insufficient aspects in the disclosure of important matters related to the virtual asset, the utility related to the virtual asset, and business status, and that there is a possibility of causing user harm. Therefore, to verify the authenticity of these matters and to prevent other user damages, the virtual asset will be designated as a cautionary trading item for approximately three weeks.

Notes

⁃ When a virtual asset is designated as a cautionary trading item or trading support is terminated, deposits of the virtual asset may be suspended. In that case, we will notify you through a separate announcement.⁃ Coinone will determine whether to extend the designation, lift it, or terminate trading support through a thorough review of the virtual asset. During the clarification procedure and review process, the designation period may be extended, and if the reasons for the designation are not resolved, trading support may be terminated. In that case, we will notify you through a separate announcement.⁃ If you invest in a virtual asset designated as a cautionary trading item, please exercise particular caution.

Coinone will continue to do its best to ensure a sound and transparent virtual asset ecosystem. Thank you.

Coinone Team

*This information is generated automatically.

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