[Coinone] Notice of designation as a trading watchlist item: KAI (19)

Hello. This is Coinone. Coinone has supported trading by strictly reviewing each virtual asset to create a healthy virtual asset ecosystem.

'Designation of Trading Watchlist Items and Termination of Trading Support Policy' informs you of the designation of Kaichain (KAI) as a trading watchlist item. Customers who hold this virtual asset should check this notice and refer to it.

Reason for designation as a trading watchlist item Kaichain (KAI) was found to have multiple deficiencies when comprehensively considering the disclosure status and extent of important matters related to the virtual asset, the transparency and reasonableness of procedures for changing important matters, and trading and adoption status, and it was confirmed that there is a possibility of causing user harm. Accordingly, to receive explanatory materials regarding these matters and to prevent other user harm, the virtual asset is designated as a trading watchlist item for approximately two weeks.

Notes⁃ When designated as a trading watchlist item or upon termination of trading support, deposits of the virtual asset may be suspended. In such cases, we will notify you via a separate announcement.⁃ Coinone will determine whether to extend, lift, or terminate trading support after a thorough review of the virtual asset. The designation period may be extended during the explanatory procedure and review process, and if the reasons for designation are not resolved, trading support may be terminated. In such cases, we will notify you via a separate announcement.⁃ 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 healthy and transparent virtual asset ecosystem. Thank you.

Coinone team

*This information is generated automatically.