Altcoins

A South Korean court has rejected a request from the Flow Foundation to stop three major local excha

2026-03-16 15:57:57

South Korean Court Upholds FLOW Delisting: Exchanges' Risk Call Stands

Flow just lost its legal fight in South Korea. The Seoul Central District Court rejected a bid by the Flow Foundation and Dapper Labs to block Upbit, Bithumb, and Coinone from delisting FLOW. The move follows a February hack that spooked the exchanges. The court found no clear error in their risk assessment and said investor protection outweighs the request. FLOW was pulled from the three platforms at 3:00 PM local time—though it still trades on Korbit.

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