Coinone issues investment warning for MAVIA

South Korean crypto exchange Coinone announced that it has designated Heroes of Mavia (MAVIA) as an investment warning item. The exchange explained that the project failed to disclose critical information that could significantly impact the asset's value in a timely manner or made arbitrary changes without valid reason. Coinone added that a comprehensive review found numerous deficiencies in the project's business viability and disclosures, confirming a potential for user harm.