Exchange Announcement
[Coinone] Notice of Designation as a Cautionary Asset: MilkyWay (MILK)
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Summary
- Coinone announced that it has designated MilkyWay (MILK) as a "cautionary asset."
- MilkyWay (MILK) said it has decided to shut down the protocol and related businesses.
- Coinone said it will keep MilkyWay (MILK) designated as a cautionary asset for about 1 month and review whether to terminate trading support.
Coinone Notice of Designation as a Cautionary Asset: MilkyWay (MILK)
Hello, this is Coinone. Coinone has supported trading for each virtual asset after conducting rigorous reviews to help build a healthy virtual-asset ecosystem. In accordance with the "Policy on Designation of Cautionary Assets and Termination of Trading Support," we are notifying you that MilkyWay (MILK) has been designated as a cautionary asset. If you hold this virtual asset, please be sure to review this notice and refer to it when using our services.
Reason for designation as a cautionary asset
MilkyWay (MILK) announced around January 15, 2026, via its official X channel that, after discussions with its co-founders and investors, it had decided to shut down the protocol and related businesses. In a comprehensive review of factors including the existence and sustainability of the business related to the virtual asset, and the transparency and reasonableness of procedures for disclosing material changes, we confirmed that there are multiple unresolved issues and that there is a possibility of user harm. Accordingly, to verify the facts and prevent further user harm, we will designate this virtual asset as a cautionary asset for approximately 1 month going forward.
Reference
MilkyWay (MILK) Foundation official announcement
Notes
⁃ If a cautionary-asset designation is made or trading support is terminated, deposits of the relevant virtual asset may be suspended. In such cases, we will provide notice through a separate announcement.
⁃ Coinone will determine, through a close review of the relevant virtual asset, whether to extend or lift the cautionary-asset designation, or to terminate trading support. The designation period may be extended during the explanation process and review. If the reasons for designation are not resolved, trading support may be terminated. In such cases, we will provide notice through a separate announcement.
⁃ If you invest in a virtual asset designated as a cautionary asset, please exercise particular caution.
Coinone will continue to do its best to foster a healthy and transparent virtual-asset ecosystem.
Thank you.
Coinone Team
*This information is generated automatically.
