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Exchange Announcement

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

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Exchange Announcement Bot
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  • Coinone announced the designation of YALA (YALA) as a cautionary trading item.
  • Coinone stated that, after comprehensive consideration, it identified numerous deficiencies and a possibility of user harm.
  • Coinone stated that it will designate it as a cautionary trading item for approximately one month, that deposits may be suspended, and that trading support termination may occur.
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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 supported trading by strictly reviewing each virtual asset to create a sound 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 this virtual asset must check this notice and refer to it when using the service. Reason for designation as a cautionary trading item: YALA (YALA) was found to have many deficiencies when comprehensively considering the actuality and sustainability of businesses related to the virtual asset, the transparency and rationality of procedures for changing important matters, etc., and it was confirmed that there is a possibility of causing user harm. Therefore, to verify the authenticity of these matters and to prevent other user harm, this virtual asset will be designated as a cautionary trading item for approximately one month.

Notes⁃ When designated as a cautionary trading item or when trading support is terminated, deposits of the virtual asset may be suspended. In that case, we will inform you through a separate notice.⁃ Coinone will decide whether to extend, lift, or terminate trading support after a thorough review of the virtual asset. The designation period may be extended during the clarification procedure and review process, and trading support may be terminated if the designation reasons are not resolved. In that case, we will inform you through a separate notice.⁃ Please exercise particular caution if you invest in virtual assets designated as cautionary trading items.

Coinone will continue to do its best for a sound and transparent virtual asset ecosystem. Thank you.

Coinone Team


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