Zidac Objects to Court Order to Return Wemade's Wemix
CryptoNewsTerminal Staff01 Aug, 2024
Zidac Objects to Court Order to Return Wemade's Wemix
Closed cryptocurrency exchange Zidac has filed an objection to a court injunction ordering it to return Wemix tokens to Wemade CEO Park Kwan-ho. Zidac stated that the injunction is only temporary and not a final judgment. The exchange filed its objection with the Seoul Central District Court on July 31. Zidac claims that the injunction contains inaccurate information, such as allegations of arbitrary disposition, which it says are not true. The exchange plans to address these issues in the follow-up process.