Exchange Announcement
[Coinone] Notice of Extension of Cautionary Listing Designation: KAI
Summary
- Coinone announced that it will extend the period during which KaiChain (KAI) is designated as a cautionary listing by approximately two weeks.
- As reasons for the extension, it cited insufficient material disclosures, lack of transparency and reasonableness, and the possibility of user harm.
- It warned that trading support termination may occur in the future, so KAI investors should exercise extra caution.
Hello. This is Coinone.Coinone has been strictly reviewing each virtual asset and supporting trading to create a healthy virtual asset ecosystem.
In accordance with the 'Designation as a Cautionary Listing and Trading Support Termination Policy', we inform you of the extension of the cautionary listing designation for KaiChain (KAI). Customers who hold the relevant virtual asset must check this notice and refer to it when using our services.
Reference: Notice of Designation as a Cautionary Listing: KAI
Reason for extension of cautionary listing designation: KaiChain (KAI) was designated as a cautionary listing after it was confirmed that, as of August 18, 2025, there were multiple deficiencies when comprehensively considering whether and to what extent material disclosures were made, the transparency and reasonableness of procedures for changing material matters, trading and adoption status, and that there is a possibility of causing user harm. Coinone will extend the designation period of the virtual asset as a cautionary listing for approximately two weeks to more closely review matters related to the reasons for the designation.
Notes⁃ When an asset is designated as a cautionary listing or trading support is terminated, deposits of the asset may be suspended. In that case, we will notify you through a separate announcement.⁃ Coinone will decide whether to extend, lift the designation, or terminate trading support through a detailed review of the asset. The designation period may be extended during the explanation procedure and review process, and if the reasons for the designation are not resolved, trading support may be terminated. In that case, we will notify you through a separate announcement.⁃ If you invest in an asset designated as a cautionary listing, please exercise extra caution.
Coinone will continue to do its best to create a healthy and transparent virtual asset ecosystem. Thank you.
Coinone team
*This information is generated automatically.
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