© Archyde.com. Wemade “Application for provisional injunction once morest Upbit and Bitsum once morest ‘Wemix’s invalidation'”
WeMade announced on the 28th that it had submitted an application for provisional injunction to suspend the decision to terminate Wemix transaction support (delisting) of virtual assets (cryptocurrency) issued by the company to the Seoul Central District Court.
The target is two digital asset exchanges such as ‘Upbit’ and ‘Bithumb’. We are also preparing applications for ‘Coinone’ and ‘Korbit’, which participated in the decision to end transaction support.
A WeMade official said, “We plan to take all possible measures to normalize Wemix transactions.”
The Korea Digital Asset Exchange Joint Consultative Body (DAXA, DAXA) announced on the 24th that it would end the transaction support of Wemix. There are four exchanges where Wemix is listed: Bithumb, Coinone, Upbit, and Korbit. The transaction ends on the 8th of the following month, and the withdrawal support ends at 3:00 pm on January 5th of the next year.
The reason for the decision to delist is ▲Wemix’s serious violation of distribution volume ▲Insufficient or incorrect information provided to investors ▲Error in data submitted during the explanatory period and damage to trust, etc.