[Coinone] Notice of Designation as a Cautionary Trading Item: Yala (YALA)

Hello. This is Coinone. Coinone has supported trading by strictly reviewing each virtual asset to create a healthy virtual asset ecosystem. In accordance with the 'Policy on Designation as a Cautionary Trading Item and Termination of Trading Support', we inform you of the designation of Yala (YALA) as a cautionary trading item. Customers holding this virtual asset should be sure to check this notice and refer to it when using the service. Reason for designation as a cautionary trading item: Yala (YALA) was found to have many insufficient aspects when comprehensively considering the existence and sustainability of the business related to the virtual asset, as well as the transparency and rationality of procedures for changes to important matters, and it was confirmed that there is a possibility of causing user damage. Accordingly, to verify the truth of these matters and to prevent other user damage, we designate the virtual asset as a cautionary trading item for approximately one month.

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 inform you via a separate notice.⁃ Coinone will determine whether to extend the designation as a cautionary trading item, lift it, or terminate trading support after 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 inform you via a separate notice.⁃ If you invest in virtual assets designated as cautionary trading items, please exercise special caution.

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

Coinone Team

*This information is generated automatically.