[Coinone] Notice of Designation as a Cautionary Trading Asset: Masa (MASA)

Hello. This is Coinone. Coinone has been supporting trading by strictly reviewing each virtual asset to create a healthy virtual asset ecosystem. In accordance with the 'Designation as a Cautionary Trading Asset and Termination of Trading Support Policy', we inform you of the designation of Masa (MASA) as a cautionary trading asset. Customers holding the said virtual asset must check this notice and refer to it when using our services. Reason for designation as a cautionary trading asset: Masa (MASA) has many deficiencies when comprehensively considering factors such as circumstances indicating that follow-up measures related to past security incidents were not sufficiently implemented, the transparency and rationality of procedures for changes to important matters, and whether and to what extent important matters were disclosed. It has been confirmed that this could cause user harm. Therefore, to verify the truth of these matters and to prevent further user harm, the asset will be designated as a cautionary trading asset for approximately one month.

Important notes⁃ When designated as a cautionary trading asset or when trading support is terminated, deposits of the virtual asset may be suspended. In such cases, we will inform you through a separate announcement.⁃ Coinone will determine whether to extend the designation period, lift the designation, or terminate trading support through a thorough review of the virtual asset. The designation period may be extended during the clarification procedure and review process, and if the reasons for designation are not resolved, trading support may be terminated. In such cases, we will inform you through a separate announcement.⁃ If you invest in virtual assets designated as cautionary trading assets, please exercise extra caution.

Coinone will continue to make every effort to promote a healthy and transparent virtual asset ecosystem. Thank you.

Coinone Team

*This information is generated automatically.