[Coinone] Notice of Trading Caution Designation: KSP

Hello. This is Coinone.

Coinone has been strictly reviewing each virtual asset and supporting trading to create a sound virtual asset ecosystem.

In accordance with the 'Trading Caution Designation and Trading Support Termination Policy', we inform you of the designation of KlaySwap (KSP) as a trading caution asset.

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

KlaySwap (KSP) has been designated as a trading caution asset by member companies of the Digital Asset Exchange Association (DAXA).

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

Therefore, customers holding the relevant virtual asset must check this notice and refer to it when using the service.

Reason for designation as a trading caution asset

It has been confirmed that KlaySwap (KSP) has multiple shortcomings when comprehensively considering the rationality and transparency of procedures for changing important matters, trading and adoption status, community activity, etc., and that there is a possibility of causing user harm. Accordingly, to verify the authenticity of these matters and to prevent other user harm, the virtual asset will be designated as a trading caution asset for approximately 1 month.

Notes

• When an asset is designated as a trading caution asset or trading support is terminated, deposits of the relevant virtual asset may be suspended. In that case, we will inform you through a separate notice.

• Coinone will decide whether to extend, lift the designation as a trading caution asset, or terminate trading support through a close review of the relevant virtual asset. The trading caution designation period may be extended during the explanation procedure and review process, and if the reason for the designation is not resolved, trading support may be terminated. In that case, we will inform you through a separate notice.

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

Coinone will continue to make every effort for a sound and transparent virtual asset ecosystem.

Thank you.

Sincerely,

Coinone Team

*This information is generated automatically.