Wemade(112040) announced on the 25th that a claim by Wi Jeong-hyun, the president of the Korean Game Society (professor at Chung-Ang University), alleging a 'P2E (Play to Earn) game lobbying suspicion' was proven to be false through a court ruling.
The 15th Civil Collective Division of the Seoul Eastern District Court (Presiding Judge Cho Yong-rae) ruled the day before in a defamation lawsuit filed by Wemade against Wi that "the defendant (Wi) shall pay the plaintiff (Wemade) 30 million won".
Wemade stated, "Wemade has suffered enormous damage over the years, including investigations by the prosecution and the National Assembly related to the coin gate," and "We have experienced significant corporate image damage that is difficult to quantify by being stigmatized as a 'company engaging in illegal coin lobbying'." They added, "The court's ruling clearly confirmed that Wi's lobbying-related statements were false," and "We hope the company's honor, which was damaged by Wi's irresponsible remarks, can be somewhat restored, and that Wemade's sincere intention to realize a transparent society through blockchain can be conveyed".
Previously, Wi had continuously raised 'Wemade coin gate' suspicions from around May 2023 through press releases, media interviews, and forums. Wemade filed a criminal complaint with the Seoul Police in the same month for defamation by spreading false information.
- Reporter Kim Sung-tae
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