[Coinone] Notice of Designation as an Asset Under Trading Caution: YALA

Hello. This is Coinone.Coinone has strictly reviewed each virtual asset to support trading in order to create a sound virtual asset ecosystem. In accordance with the 'Policy on Designation of Assets Under Trading Caution and Termination of Trading Support', we inform you of the designation of YALA (YALA) as an asset under trading caution. Customers who hold the relevant virtual asset are requested to check this notice and refer to it when using our services.

Reference: YALA (YALA) Foundation disclosure - Reason for designation as an asset under trading cautionYALA (YALA) shows signs that the stablecoin YU, issued and operated by the issuer/operator, was additionally issued without authorization due to a security incident. Accordingly, to verify the authenticity of the matter and to prevent further damage, the relevant virtual asset will be designated as an asset under trading caution for approximately 1 month.

Notes⁃ When an asset is designated as an asset under trading caution or trading support is terminated, deposits of the relevant virtual asset may be suspended. In such cases, we will inform you through a separate notice.⁃ Coinone will determine whether to extend or lift the designation as an asset under trading caution or to terminate trading support after a thorough review of the relevant virtual asset. The designation period may be extended during the explanation procedure and review process, and if the reason for the designation is not resolved, trading support may be terminated. In such cases, we will inform you through a separate notice.⁃ Please exercise extra caution when investing in virtual assets designated as assets under trading caution.

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

The Coinone Team

*This information is generated automatically.