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WEMADE Sell-Off, Will There be Legal Conflicts?

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Practice areaCrypto & Virtual Assets

Disputes regarding WEMADE’s sell-off of its coin WEMIX is aggravating. While WEMADE’s CEO Jang Hyun-Gook explains that his conduct of using takeover payment of the subsidiary for WEMIX sale price was to expand the ecosystem of WEMADE, WEMIX investors are not being provided recovery methods for their unexpected damages.  

Partner attorney Ohoon Kwon criticized WEMADE “doing investors damage by disturbing healthy market order” and urged that “WEMADE executives fulfill their legal liabilities.” Cha&Kwon Law Offices hope that this case becomes a motive for P2E game market to assure transparency of the market. [NewsPrime 2022-04-11]  

URL: WEMADE Sell-Off, Will There be Legal Conflicts?  

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