Exchange Announcement

[Coinone] Notice of Designation as a Trading Caution Asset: Stella (ALPHA)

Source
Exchange Announcement Bot

Summary

  • Coinone said that Stella (ALPHA, Ethereum) has been designated as a trading caution asset by member firms of the Digital Asset eXchange Alliance (DAXA).
  • Coinone stated that it will designate Stella (ALPHA, Ethereum) as a trading caution asset for about one month after determining that its disclosures, governance, operational transparency, and community activity are insufficient and may lead to user harm.
  • Coinone said it will suspend deposits of Stella (ALPHA) at 18:00 (KST) on January 29, 2026, and will later decide whether to extend or lift the designation or terminate trading support depending on the review results.

Coinone Notice of Designation as a Trading Caution Asset: Stella (ALPHA)

Hello, this is Coinone. Coinone has supported trading by rigorously screening each virtual asset to help build a sound virtual-asset ecosystem. In accordance with the “Policy on Designation as a Trading Caution Asset and Termination of Trading Support,” we would like to inform you that Stella (ALPHA, Ethereum) has been designated as a trading caution asset. Customers who hold this virtual asset are asked to review this notice carefully for your reference. Stella (ALPHA, Ethereum) has been designated as a trading caution asset by member firms of the Digital Asset eXchange Alliance (DAXA). DAXA member firms may take measures such as urging caution, designating an asset as a trading caution asset, or terminating trading support in order to protect users. Therefore, customers who hold this virtual asset are asked to review this notice carefully for your reference.

Reason for designation as a trading caution asset

Stella (ALPHA, Ethereum) was found to have multiple insufficient areas when comprehensively considering factors such as whether and to what extent disclosures related to the virtual asset are made, the transparency of governance and virtual-asset operations, and the level of community activity, and it was confirmed that there is a possibility of causing user harm. Accordingly, to verify the facts related to these matters and prevent other user harm, this virtual asset will be designated as a trading caution asset for approximately 1 month going forward.

Notice of deposit suspension

Suspension schedule: January 29, 2026 (Thu) 18:00 (KST)

Reason for suspension: Designation of Stella (ALPHA) as a trading caution asset

Notes

⁃ Coinone will determine whether to extend or lift the designation as a trading caution asset, or to terminate trading support, based on a close review of the relevant virtual asset. The designation period may be extended during the explanation process and review, and if the reasons for the designation are not resolved, trading support may be terminated. In such case, we will inform you through a separate notice.

⁃ If you invest in a virtual asset designated as a trading caution asset, please exercise special caution.

  • The timing for resumption of deposits will be announced via an update to this notice when the trading caution designation is lifted.

⁃ Regardless of the deposit suspension, withdrawals and trading of the virtual asset can be used normally.

⁃ Please note that if this virtual asset is deposited during the deposit suspension period, it may not be credited.

  • If your deposit is not credited, please submit a return request and returns will be processed sequentially.

Coinone will continue to do its best for a sound and transparent virtual-asset ecosystem.

Thank you.

Coinone Team

*This information is generated automatically.

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