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A South Korean court ordered Wemade to compensate former and current employees approximately 9.939 billion won. - CoinFeed
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A South Korean court ordered Wemade to compensate former and current employees approximately 9.939 billion won.

August 22, 2025
CoinFeed News

According to Korean media reports, the Seoul Central District Court has partially ruled in favor of Wemade in a damages lawsuit filed by former and current employees, ordering the company to pay approximately 9.939 billion won in compensation. The lawsuit, filed in July of last year by 27 former and current employees, seeks 16.176 billion won, alleging the company failed to fulfill its promise to pay employees the virtual currency WEMIX. Wemade established its blockchain subsidiary, Wemade Tree, in 2018 and merged it with the company in 2022. Currently, the WEMIX Foundation is responsible for its operations.

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