Flow Foundation files court motion to block Korean exchange delistings

Flow Foundation files court motion to block Korean exchange delistings

Every major global exchange has restored full FLOW services, said the Foundation on Monday.

Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges.

Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances.

The exploit resulted in $3.9 million in duplicated tokens, but “no user funds were compromised, and all counterfeit tokens were permanently destroyed.” 

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