Coin Exchange Upbit Expresses Positive Stance for Compensating Polygon Mis-Deposits, If Possible

Upbit, a virtual asset exchange, expressed that they would compensate for Polygon mis-deposits, if compensation is possible. Upbit categorizes cases where mis-deposits are impossible and are supporting compensations if available. However, for 50% of the Polygon mis-deposit cases, compensation is impossible because it was deposited to token address using a different digital asset blockchain. Partner Attorney Ohoon Kwon explained that if investors file a return lawsuit for mis-deposits, their chances of receiving loss compensation is 50%. [Pinpoint News 2021-10-18]

URL: Coin Exchange Upbit Expresses Positive Stance for Compensating Polygon Mis-Deposits, If Possible (pinpointnews.co.kr)