[Coinone] Notice of Designation as a Cautionary Trading Item: Solar (SXP)

Coinone Notice of Designation as a Cautionary Trading Item: Solar (SXP)

Hello, this is Coinone. Coinone has supported trading by conducting rigorous reviews of each virtual asset to help build a sound digital-asset ecosystem. In accordance with the “Policy on Designation of Cautionary Trading Items and Termination of Trading Support,” we would like to inform you that Solar (SXP, Solar) has been designated as a cautionary trading item. If you hold this virtual asset, please be sure to review this notice and refer to it when using our services. Solar (SXP, Solar) has been designated as a cautionary trading item by member firms of the Digital Asset eXchange Alliance (DAXA). DAXA member firms may take measures such as issuing cautions, designating cautionary trading items, or terminating trading support to protect users. Therefore, if you hold this virtual asset, please be sure to review this notice and refer to it when using our services. Reasons for the designation as a cautionary trading itemSolar (SXP) was found to have multiple shortcomings when comprehensively considering the substance and sustainability of the business related to the virtual asset, and it was confirmed that it may cause user harm. Accordingly, to verify the facts of these matters and prevent further user harm, this virtual asset will be designated as a cautionary trading item for approximately 2 weeks going forward.Reference: Solar Project Status Update Notice of deposit suspension- Suspension schedule: 20:00, January 26, 2026 (Mon) (KST)- Reason for suspension: Designation of Solar (SXP) as a cautionary trading item Notes⁃ Coinone will determine whether to extend or lift the designation as a cautionary trading item, or to terminate trading support, through a thorough review of the relevant virtual asset. The designation period may be extended during the clarification procedure and review process, and if the reasons for the designation are not resolved, trading support may be terminated. In such cases, we will inform you through a separate notice.⁃ If you invest in a virtual asset designated as a cautionary trading item, please exercise particular caution.- The timing of deposit resumption will be announced via an update to this notice when the designation as a cautionary trading item is lifted.⁃ Regardless of the deposit suspension, withdrawals and trading of the relevant virtual asset can be used normally.⁃ Please note that if the relevant virtual asset is deposited during the suspension period, it may not be credited.- If a deposit is not credited, please submit a return request and returns will be processed sequentially. Coinone will continue to do its best to foster a sound and transparent digital-asset ecosystem.Thank you.

Sincerely,

Coinone Team

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