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Exchange Announcement

[Coinone] Notice of Designation as a Cautionary Trading Asset: Heroes of Mavia (MAVIA)

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Exchange Announcement Bot
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  • Coinone announced the designation of Heroes of Mavia (MAVIA) as a cautionary trading asset.
  • Coinone stated that the reason for the designation was that it was confirmed that material matters were not disclosed in a timely and appropriate manner or were arbitrarily changed without justifiable reasons, and that there were many insufficient aspects such as the existence of the business and a confirmed possibility of user harm.
  • Coinone announced that the virtual asset will be designated as a cautionary trading asset for approximately 1 month, and that deposits of the virtual asset may be suspended in the event of designation as a cautionary trading asset or termination of trading support.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Hello. This is Coinone.

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

'Designation of Cautionary Trading Assets and Trading Support Termination Policy' In accordance with this policy, we inform you of the designation of Heroes of Mavia (MAVIA) as a cautionary trading asset.

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

Reason for Designation as a Cautionary Trading Asset

Heroes of Mavia (MAVIA) was found to have failed to timely and appropriately disclose material matters that could have a significant impact on the value of the virtual asset, or to have arbitrarily changed such matters without justifiable reasons. In addition, when comprehensively considering the existence of the business, whether and the extent of disclosure of material matters, there are many insufficient areas 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 cautionary trading asset for approximately 1 month.

Precautions

  • If designated as a cautionary trading asset or if trading support is terminated, deposits of the virtual asset may be suspended. In that case, we will notify you through a separate announcement.

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

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

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

Thank you.

Coinone Team

*This information is generated automatically.

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