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🚨 South Korean Web3 game developer Wemade faces investigation by local prosecutors over allegations of unfair profits and potential circumvention of virtual asset service provider registration rules. 🕵️‍♂️ 🔍 Prosecutors are probing Wemade-linked DEX PNIX and Play Wallet for possibly hiding private keys from users. Wemade argues it's not required to comply with reporting requirements as it doesn't control user assets. 🎮💼 🗣️ Wemade team insists PNIX DEX and Play Wallet services aren't subject to compliance requirements. Last June, prosecutors launched a large-scale operation against the company over fraud allegations. 💬 👇 Share your thoughts on this investigation in the comments!

🚨 South Korean Web3 game developer Wemade faces investigation by local prosecutors over allegations of unfair profits and potential circumvention of virtual asset service provider registration rules. 🕵️‍♂️

🔍 Prosecutors are probing Wemade-linked DEX PNIX and Play Wallet for possibly hiding private keys from users. Wemade argues it's not required to comply with reporting requirements as it doesn't control user assets. 🎮💼

🗣️ Wemade team insists PNIX DEX and Play Wallet services aren't subject to compliance requirements. Last June, prosecutors launched a large-scale operation against the company over fraud allegations. 💬

👇 Share your thoughts on this investigation in the comments!

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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