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The management of WEMIX, a virtual currency that has been decided to suspend transaction support (delisting) twice for the first time in the history of the Korean blockchain, expressed their objection through a provisional disposition lawsuit.
Kim Seok-hwan, CEO of the WMIX Foundation, issued an emergency statement on YouTube on the 3rd, saying, “We cannot accept and accept this decision, so we will immediately file a provisional injunction lawsuit and start legal proceedings.”
Earlier, the Digital Asset Exchange Joint Council (DAXA) announced that it had decided to delist WeMix, which had been designated as a trading item the previous day. DAXA is a consultative body between five Korean won virtual asset exchanges, including Gopax, Bithumb, Upbit, Cobbit, and Coinone.
On February 28, WeMix was robbed of 8,654,860 WeMix coins worth 9 billion won due to hacking of its virtual currency wallet. This was first known when WeMix revealed the hacking damage on March 4.
CEO Kim said he explained to DAXA the details of the incident, the reason for the delay in disclosure, and how to recover the damage on a total of five occasions from March 4, when the hacking was announced, to the 22nd of last month.
He also explained that the security system was verified by an external security consulting company certified by the Korea Internet & Security Agency (KISA), and this content was also submitted to DAXA.
The WeMix Foundation claimed that DAXA decided to delist without giving a clear reason for such clarification and damage recovery efforts.
“It is very questionable whether today’s decision, made without sufficient discussion or collection of opinions, was an appropriate judgment to protect investors,” CEO Kim said. “We will also raise the issue of the current situation in which an autonomous consultative body called DAXA has a powerful authority to delist.”
“Government agencies are hacked and leading IT companies are hacked,” he said. “I want to ask if all of these companies have been delisted or threatened with their existence.”
CEO Kim then told investors, “We are very sorry for causing concern,” and added, “We will do our best to be recognized in the global market along with efforts to cut bones so that the same thing does not happen in the future.”
CEO Kim plans to hold an emergency press conference near Pangyo Station in Seongnam City, Gyeonggi Province this morning to explain his future plans.
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The management of WEMIX, a virtual currency that has been decided to suspend transaction support (de.. – 매일경제
