[Coinone] Notice of Designation as a Trading Watchlist Item: LBL

Hello. This is Coinone.

Coinone has strictly reviewed each virtual asset and supported trading to create a sound virtual asset ecosystem.

In accordance with the 'Designation of Trading Watchlist Items and Termination of Trading Support Policy', we inform you of the designation of Label AI (LBL) as a trading watchlist item.

Customers holding the virtual asset should check this notice and refer to it.

Label AI (LBL) has been designated as a trading watchlist item by members of the Digital Asset Exchanges Association (DAXA).

DAXA member companies may take measures such as issuing cautions, designation as trading watchlist items, or termination of trading support to protect users.

Therefore, customers holding the virtual asset should check this notice and refer to it.

Reason for designation as a trading watchlist item

Label AI (LBL) was found to have numerous deficiencies when comprehensively considering the transparency and rationality of procedures for material changes, whether and how material matters are disclosed, and related aspects, and it was confirmed that there is a possibility of causing user harm. Therefore, to verify the authenticity of these matters and to prevent other user harm, the virtual asset will be designated as a trading watchlist item for approximately 1 month.

Notes

• Deposits of the virtual asset may be suspended when designated as a trading watchlist item or when trading support is terminated. In such cases, we will inform you through a separate notice.

• Coinone will determine whether to extend or lift the trading watchlist designation or to terminate trading support after a thorough review of the virtual asset. During the clarification procedure and review process, the designation period may be extended, and if the reasons for the designation are not resolved, trading support may be terminated. In such cases, we will inform you through a separate notice.

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

Coinone will continue to do its best for a sound and transparent virtual asset ecosystem.

Thank you.

Coinone Team

*This information is generated automatically.