Exchange Announcement
[Coinone] Notice of Designation as an Item of Trading Caution: Solar (SXP)
Summary
- Coinone said that Solar (SXP) has been designated as an item of trading caution by member firms of the Digital Asset Exchange Alliance (DAXA).
- Coinone said it will designate Solar (SXP) as an item of trading caution for about 2 weeks due to shortcomings in business substance and sustainability and the potential for user harm.
- Coinone said it will review whether to extend or lift the trading-caution designation for Solar (SXP) or terminate trading support, and urged particular caution when investing.
Coinone Notice of Designation as an Item of Trading Caution: Solar (SXP)
Hello, this is Coinone. Coinone has supported trading by conducting strict reviews of each virtual asset to help build a sound virtual-asset ecosystem. In accordance with the "Policy on Designation as an Item of Trading Caution and Termination of Trading Support," we hereby notify you that Solar (SXP, Solar) has been designated as an item of trading caution. Customers holding this virtual asset are required to review this notice and refer to it when using our services. Solar (SXP, Solar) has been designated as an item of trading caution by member firms of the Digital Asset Exchange Alliance (DAXA). DAXA member firms may take measures such as issuing cautions, designating items of trading caution, and terminating trading support for the purpose of user protection. Therefore, customers holding this virtual asset are required to review this notice and refer to it when using our services. Reasons for designation as an item of trading cautionFor Solar (SXP), when comprehensively considering factors such as the substantive existence and sustainability of businesses related to the virtual asset, it has been confirmed that there are many insufficient aspects and that it may cause user harm. Accordingly, in order to verify the facts and prevent other user harm, this virtual asset will be designated as an item of trading caution for approximately 2 weeks going forward.Reference: Solar Project Status Update Deposit suspension notice- Suspension schedule: January 26, 2026 (Mon) 20:00 (KST)- Reason for suspension: Designation of Solar (SXP) as an item of trading caution Notes⁃ Coinone will determine whether to extend or lift the designation as an item of trading caution for this virtual asset, or whether to terminate trading support, through a close review. The designation period may be extended during the explanation procedure and review process, and if the reasons for designation are not resolved, trading support may be terminated. In such cases, we will provide guidance through a separate notice.⁃ Please exercise particular caution when investing in virtual assets designated as items of trading caution.- The timing for resumption of deposits will be announced via updates to this notice when the designation as an item of trading caution is lifted.⁃ Regardless of the deposit suspension, withdrawals and trading of this virtual asset remain available as normal.⁃ Please note that if this virtual asset is deposited during the deposit suspension period, it may not be credited.- If a deposit is not credited, please submit a return request and returns will be processed sequentially. Coinone will continue to make our best efforts to ensure a sound and transparent virtual-asset ecosystem.Thank you.
Sincerely,
Coinone Team

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