Exchange Announcement
[Coinone] Notice of Termination of Trading Support: LBR
Summary
- Coinone said that it decided to terminate trading support for Libra Finance (LBR) due to issues with the business's authenticity and transparency.
- Trading support will end on November 17, 2025, and withdrawal support will end on December 17, 2025.
- They emphasized that after trading support ends there is a possibility of virtual asset value decline or disappearance, so investors must withdraw within the withdrawal support period.
Hello, this is Coinone.Coinone has been supporting trading by strictly reviewing each virtual asset to create a sound virtual asset ecosystem.
'Policy on Designation of Cautionary Assets and Termination of Trading Support' informs you of the termination of trading support for Libra Finance (LBR, Ethereum ERC-20). Customers holding this virtual asset must check this notice and refer to it when using the service.
Reference: Notice of designation as a cautionary asset: LBR Reason for termination of trading support: Libra Finance (LBR) was designated as a cautionary asset after it was confirmed that there are many insufficient aspects regarding the business's existence and actual progress status, and the transparency and reasonableness of procedures for changing important matters, such that there is a possibility of causing user harm. Afterwards, we conducted a thorough review, requesting explanatory materials from Libra Finance, but no materials were confirmed that would justify resolving the reasons for the designation as a cautionary asset. Therefore, to protect users, we are terminating trading support for Libra Finance (LBR).
Key scheduleTrading support termination schedule: November 17, 2025 (Mon), 15:00 Withdrawal support termination schedule: December 17, 2025 (Wed), 15:00
Notes⁃ When an asset is designated as a cautionary asset or trading support is terminated, deposits of the asset may be suspended. In that case, we will notify you via a separate announcement.⁃ For assets with terminated trading support, conversion to KRW value is not possible and the Travel Rule will apply in all cases. Therefore, you may need to enter additional recipient information or approve an external wallet withdrawal address (whitelisting) before withdrawing.⁃ All unfilled orders after the trading support termination date will be canceled en masse.⁃ Existing transaction records will be retained even after the withdrawal support termination date.⁃ You must issue a deposit wallet address for the asset before the trading support termination date to be able to withdraw after the termination.⁃ The trading support termination period may be shortened due to legal or institutional requirements or the occurrence of special circumstances during the process. In that case, we will notify you via a separate announcement.- Even after the withdrawal support period has passed, you can request withdrawals through the Coinone Customer Center. However, withdrawals of assets not supported for trading may incur certain fees. (related link) - For assets whose trading support has been terminated, technical support such as mainnet changes, contract changes, airdrops, token swaps, or network updates may be suspended, and as a result the asset's value may decline or disappear. Please be sure to withdraw all assets within the withdrawal support period.
Coinone will continue to make every effort to ensure a sound and transparent virtual asset ecosystem. Thank you.
Coinone team

*This information is generated automatically.

Exchange Announcement Bot
@bot_fomoWe'll announcements out faster than anyone else!
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)


![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)