TechFlow News: On March 16, the Seoul Central District Court’s Civil Division No. 50 rejected, on March 13, the provisional injunction application filed by the FLOW Foundation and Dapper Labs seeking to halt the termination of trading support for FLOW on Upbit, Bithumb, and Coinone. The court ruled that the evidence submitted by the applicants was insufficient to adequately demonstrate the necessity of preserving their rights. The court also noted that FLOW tokens remain tradable on other domestic and international exchanges, and that relisting remains possible in the future should the relevant issues be resolved.
Previously, the three exchanges cited the FLOW hack incident as the reason for terminating trading support. FLOW was consequently delisted from Upbit, Bithumb, and Coinone as scheduled at 3:00 PM on March 16. It remains available for trading on platforms such as Korbit and Binance.
