Exchange Announcement

[Coinone] Cautionary Notice: S

Exchange Announcement Bot

Summary

Sonic (S) stated that a cautionary notice was decided by members of the Digital Asset Exchange Association (DAXA).
Sonic (S) disclosed that changes to the total supply and circulation plan were decided through governance.
It urged customers to be cautious of increased price volatility when investing in Sonic (S).

Hello, this is Coinone.

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

In accordance with the 'Designation of Cautionary Assets and Termination of Trading Support Policy', we are issuing a cautionary notice for Sonic (S).

Customers who hold the relevant virtual asset should be sure to check this notice for reference in their use.

Sonic (S) has been decided to be subject to a cautionary notice by the members of the Digital Asset Exchange Association (DAXA).

* Reference: Sonic (S) governance proposal and voting results

DAXA member companies may take measures such as issuing cautionary notices, designating cautionary assets, and terminating trading support in order to protect users.

Therefore, customers who hold the relevant virtual asset should be sure to check this notice for reference in their use.

Cautionary Notice

Through governance, it was decided to change the total issuance and circulation plan of Sonic (S). Accordingly, customers are advised to be cautious of increased price volatility when investing in Sonic (S).

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

Thank you.

Coinone Team