Upbit, a leading South Korean cryptocurrency exchange, has designated Rally (RLY) as an investment caution item. This designation signals potential risks for investors trading the cryptocurrency on the platform. According to Upbit's announcement, the decision stems from concerns regarding the "reality and sustainability of the business" associated with Rally. Further factors include the "status of virtual asset trading and adoption" of RLY, coupled with potential inadequacies in the disclosure of critical information to investors. Upbit concluded that these shortcomings could "cause damage to users," prompting the cautionary designation. Investors are advised to exercise heightened caution and conduct thorough due diligence before trading RLY on Upbit. This move underscores Upbit's commitment to protecting users and maintaining a safe trading environment. Further details are expected from Upbit. ```