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

Hello. This is Coinone.

Coinone has strictly reviewed each virtual asset to support trading in order to create a healthy virtual asset ecosystem.

In accordance with the 'Policy on Designation as a Cautionary Asset and Termination of Trading Support', we inform you of the designation of Libra Finance (LBR) as a cautionary asset.

Customers holding the relevant virtual asset must check this notice and refer to it when using the service.

Reason for designation as a cautionary asset

It has been confirmed that Libra Finance (LBR) has many deficiencies when comprehensively considering the business's actuality and actual progress, and the transparency and rationality of procedures for changes to important matters, indicating a possibility of causing user harm. Therefore, to verify the truth of these matters and to prevent other user harm, the relevant virtual asset will be designated as a cautionary asset for about 1 month.

Notes

• When designated as a cautionary asset or when trading support is terminated, deposits of the relevant virtual asset may be suspended. In that case, we will inform you through a separate notice.

• Coinone will determine whether to extend, lift the designation as a cautionary asset, or terminate trading support through a thorough review of the relevant virtual asset. The period of designation as a cautionary asset may be extended during the clarification procedures and review process, and trading support may be terminated if the reasons for the designation are not resolved. In that case, we will inform you through a separate notice.

• If you invest in a virtual asset designated as a cautionary asset, please exercise extra caution.

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

Thank you.

Coinone Team

*This information is generated automatically.