Coinone, Korbit issue investment warning for ALPHA

South Korean crypto exchanges Coinone and Korbit have announced the designation of Alpha Venture DAO (ALPHA) as a cautionary investment item. Coinone stated that the decision was made after a comprehensive review identified several shortcomings. The exchange cited concerns regarding the adequacy of the project's disclosures, the transparency of its governance and operations, and its level of community activity, all of which could potentially lead to user harm.