[Coinone] Notice of Designation as a Cautionary Asset: SEILOR

Hello, this is Coinone. Coinone has been supporting virtual asset trading by strictly screening each asset to create a sound virtual asset ecosystem.

In accordance with the 'Cautionary Asset Designation and Termination of Trading Support Policy', we announce the designation of Kryptonite (SEILOR) as a cautionary asset. Customers holding this virtual asset should be sure to review this announcement for your reference.

Reason for Designation as a Cautionary Asset

Kryptonite (SEILOR) was found to have several insufficient aspects in terms of the purpose and business authenticity of the virtual asset, as well as the status of the project, which may result in potential user damage. Accordingly, to verify the authenticity of these matters and prevent user damage, this virtual asset will be designated as a cautionary asset for about 2 weeks going forward.

Please Note

⁃ If a virtual asset is designated as a cautionary asset or trading support is terminated, deposits for that asset may be suspended. In that case, a separate announcement will be made. ⁃ Coinone will conduct a detailed review of the asset and decide whether to extend, release, or terminate its cautionary status. The period for which the asset is designated may be extended during the explanation procedure and review process, and if the reason for designation is not resolved, trading support may be terminated. In such case, a separate announcement will be made. ⁃ Please take extra caution when investing in virtual assets designated as cautionary assets.

Coinone will continue to make our utmost efforts for a sound and transparent virtual asset ecosystem. Thank you.

Coinone Team

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