[Coinone] Notice of Designation as Trading Caution Item: YALA

Hello. This is Coinone. Coinone has strictly reviewed each virtual asset and supported trading to build a sound virtual asset ecosystem. In accordance with the 'Policy on Designation as Trading Caution Item and Termination of Trading Support', we inform you of the designation of YALA (YALA) as a trading caution item. Customers holding the relevant virtual asset should check this notice and refer to it when using the service.

Reference: YALA (YALA) Foundation announcement Reason for designation as a trading caution item

It has been confirmed that circumstances indicating a security incident occurred in which the stablecoin YU, issued and operated by the issuer/operator, was additionally issued without authorization. Therefore, to verify the authenticity of the matter and to prevent additional damage, the virtual asset will be designated as a trading caution item for approximately one month.

Notice⁃ When designated as a trading caution item or when trading support is terminated, deposits of the relevant virtual asset may be suspended. In such cases, we will notify you through a separate announcement.⁃ Coinone will determine whether to extend or lift the designation as a trading caution item or to terminate trading support through a thorough review of the relevant virtual asset. The designation period may be extended during the verification and review process, and if the reason for the designation is not resolved, trading support may be terminated. In such cases, we will notify you through a separate announcement.⁃ If you are investing in virtual assets designated as trading caution items, please exercise special caution.

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

Coinone Team

*This information is generated automatically.