The South Korean Procuratorate investigates WeMade virtual asset WEMIX for allegedly evading legal reporting responsibilities
2024-02-08 09:57:04
Odaily News According to Korean media reports, the prosecutors office is investigating the gaming company WeMade. The virtual asset WEMIX issued by the company with a market value of 1 trillion won is suspected of evading the responsibility of virtual asset industry reporting and making large profits outside the scope of the law. . In addition, WeMade was accused of violating the law by increasing the number of subsidiaries and building a P2E (Play to Earn) ecosystem based on WEMIX 3.0. The prosecutors office paid special attention to WeMades virtual asset exchange Phenix"and virtual asset wallet"PlayWallet"Failure to provide users with personal keys, which may violate certain financial information laws. WeMade responded that they did provide personal keys and would actively cooperate with relevant investigations.
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