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Exchange Announcement

[Coinone] Notice of Designation as Trading Caution Item: LBR

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Exchange Announcement Bot
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  • Coinone announced that it will designate Libra Finance (LBR) as a trading caution item for approximately 1 month.
  • Coinone stated that numerous deficiencies, including the reality of the business, were identified as potentially causing user harm.
  • Coinone stated that deposits of the relevant virtual asset may be suspended when it is designated as a trading caution item or when trading support is terminated.
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  • 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 to support trading in order to create a healthy virtual asset ecosystem.

'Designation as Trading Caution Item and Termination of Trading Support Policy' applies, and we inform you of the designation of Libra Finance (LBR) as a trading caution item. Customers who hold the relevant virtual asset must check this notice and refer to it when using the service.

Reason for designation: Libra Finance (LBR) was found to have numerous deficiencies when comprehensively considering the reality of the business and the actual progress, the transparency and rationality of procedures for changing important matters, etc., which could cause user harm. Therefore, to ascertain the truth of these matters and to prevent other user harm, the relevant virtual asset will be designated as a trading caution item for approximately 1 month.

Notes⁃ When a virtual asset is designated as a trading caution item or trading support is terminated, deposits of the relevant virtual asset may be suspended. In this case, we will notify you through a separate announcement.⁃ Coinone will decide whether to extend or lift the designation as a trading caution item, or to terminate trading support, through a thorough review of the relevant virtual asset. The designation period may be extended during the explanation procedure and review process, and trading support may be terminated if the reasons for the designation are not resolved. In this case, we will notify you through a separate announcement.⁃ Please exercise extra caution when investing in virtual assets designated as trading caution items.

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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