WeMade, “DAXA’s Delisting of Wemix May Be Deemed Illegal,” Signaling Legal Battle

As WeMade, the issuer of the WeMix coin, objected to the Digital Asset eXchange Alliance (DAXA)’s decision to delist the coin, the situation seems likely to escalate into a legal dispute. Partner attorney Ohoon Kwon pointed out that this case seems unlikely to constitute collusion since it is unclear what DAXA has gained from delisting WeMix. In addition, he explained that the error in the contract may be deemed illegal, answering questions about whether WeMade’s request for a provisional injunction against the delisting will be accepted.

URL: WeMade, “DAXA’s Delisting of Wemix May Be Deemed Illegal,” Signaling Legal Battle