Flow Foundation applies for a court order, attempting to prevent three Korean exchanges from delisting FLOW

FLOW11.07%

Gate News reports that on March 9, the Flow Foundation and its parent company Dapper Labs filed an application with the Seoul Central District Court to prevent three Korean exchanges from delisting the FLOW token. The delisting plan stems from a security breach in December last year, where attackers exploited the vulnerability to illegally mint tokens worth approximately $3.9 million. Although the foundation stated that no user funds were affected and the counterfeit tokens have been destroyed, the exchanges still plan to cease trading support on March 16. Currently, several major global exchanges have reviewed and resumed FLOW services.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments