[Coinone] Notice of Extension of Cautionary Designation: ERN

Hello, this is Coinone. Coinone has strictly reviewed each virtual asset to support trading and foster a sound virtual asset ecosystem.

In accordance with our 'Policy on Cautionary Designation and Trading Support Termination,' we are announcing the extension of the cautionary designation for Ethernity Chain (ERN). If you hold this virtual asset, please be sure to read this notice carefully for your reference.

Reference: Notice of Cautionary Designation: ERN

Reason for Extension of Cautionary Designation Ethernity Chain (ERN) has been designated as a cautionary asset as it was found that important matters that could significantly affect the value of the virtual asset were not disclosed in a timely and appropriate manner or were arbitrarily changed without valid reason as of July 21, 2025. Furthermore, a comprehensive review of the change procedures for important issues and the social credibility of key parties revealed multiple shortcomings, and there is a confirmed possibility this may cause user losses. Coinone will extend the cautionary designation period for this asset by approximately two more weeks to further investigate the facts and review supporting materials in detail.

Notice⁃ If an asset is designated as a cautionary asset or its trading support is terminated, its deposit may be suspended. In such cases, we will provide a separate notice.⁃ Coinone will decide whether to extend, lift, or terminate trading support for the cautionary designation after detailed review. The period of cautionary designation may be extended during the appeal and review process. If the reasons for designation are not resolved, trading support may be terminated, with a separate notice provided in such cases.⁃ Please exercise particular caution if you invest in assets designated as cautionary.

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

Coinone Team

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