[Coinone] Notice of Designation as a Cautionary Trading Item: Masa (MASA)

Hello. This is Coinone.

Coinone has strictly screened each virtual asset and supported trading to build a sound virtual asset ecosystem.

In accordance with the 'Designation of Cautionary Trading Items and Termination of Trading Support Policy', we inform you of the designation of Masa (MASA) as a cautionary trading item.

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

Reason for designation as a cautionary trading item

For Masa (MASA), it was confirmed that there are multiple shortcomings when comprehensively considering that follow-up measures related to past security incidents have not been sufficiently implemented, the transparency and reasonableness of procedures for changing material matters, and whether and to what extent disclosures of material matters have been made. It was confirmed that this could lead to user harm. Therefore, to ascertain the veracity of these matters and to prevent other user harm, this virtual asset will be designated as a cautionary trading item for approximately 1 month.

Notes

• When a virtual asset is designated as a cautionary trading item or trading support is terminated, deposits of the relevant virtual asset may be suspended. In such cases, we will provide guidance via a separate announcement.

• Coinone will decide whether to extend, lift the designation as a cautionary trading item, or 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 designation are not resolved, trading support may be terminated. In such cases, we will provide guidance via a separate announcement.

• If you invest in virtual assets designated as cautionary trading items, please exercise particular caution.

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.