[Coinone] Notice of Designation as a Cautionary Trading Item: YALA

Hello. This is Coinone.

Coinone has supported trading by strictly reviewing each virtual asset to foster a healthy virtual asset ecosystem.

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

Customers who hold the relevant virtual asset must check this notice and refer to it when using the service.

* Reference :__Yala (YALA) Foundation Announcement

Reason for designation as a cautionary trading item

There are indications that a security incident occurred in which the stablecoin YU, issued and operated by YALA's issuer/operator, was additionally issued without authorization. Therefore, to verify the authenticity of the matter and to prevent further damage, the virtual asset will be designated as a cautionary trading item for approximately 1 month.

Notes

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

• Coinone will determine whether to extend or lift the designation as a cautionary trading item or to terminate trading support through a thorough review of the relevant virtual asset. During the clarification procedure and review process, the designation period may be extended, and if the reason for designation is not resolved, trading support may be terminated. In such cases, we will notify you through a separate announcement.

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

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

Thank you.

The Coinone Team

*This information is generated automatically.