According to ChainCatcher, former and current employees of Wemade Tree (now merged into Wemade), the developer of the WEMIX project, filed a lawsuit against Wemade for damages of 16.2 billion won (about 11.85 million U.S. dollars).

Wemade revealed in an electronic announcement on August 9 that 27 former and current employees of Wemade Tree filed a lawsuit on July 29, claiming that Wemade Tree had promised to issue them WEMIX (Wemix) and demanded damages from Wemade.

Wemade said the plaintiffs (former and current employees) are seeking 16.2 billion won in damages, or 4 percent of the company's capital.

In addition, the company stated that it will respond according to legal procedures through legal agents.