[Coinone] Notice of Designation as Cautionary Trading Asset: LBR

Hello. This is Coinone. Coinone has been strictly reviewing each virtual asset to support trading in order to create a healthy virtual asset ecosystem.

In accordance with the 'Designation of Cautionary Trading Assets and Cessation of Trading Support Policy', we inform you of the designation of Libra Finance (LBR) as a cautionary trading asset. Customers who hold this virtual asset must check this notice and refer to it when using our services.

Reason for designation as a cautionary trading asset

Libra Finance (LBR) was found to have multiple deficiencies when comprehensively considering the business's substantiation and actual progress, and the transparency and rationality of procedures for changing important matters, which may cause user harm. Therefore, to verify these matters and to prevent other user harm, this virtual asset will be designated as a cautionary trading asset for approximately 1 month.

Notes

⁃ When an asset is designated as a cautionary trading asset or trading support is terminated, deposits of the asset may be suspended. In that case, we will notify you via a separate notice.

⁃ Coinone will decide whether to extend, lift, or terminate trading support after a thorough review of the asset. The designation period may be extended during the clarification procedure and review process, and if the reasons for designation are not resolved, trading support may be terminated. We will notify you via a separate notice in such cases.

⁃ If you invest in assets designated as cautionary trading assets, please exercise particular caution.

Coinone will continue to make every effort for a healthy and transparent virtual asset ecosystem. Thank you.

The Coinone Team

*This information is generated automatically.