Wemade was sued by 27 employees for approximately $11.85 million in compensation

BlockBeats reported that on August 9, former and current employees of Wemade Tree (now merged into Wemade), the developer of the WEMIX project, filed a 16.2 billion won (about 11.85 million U.S. dollars) damages lawsuit against Wemade.

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 tokens (Wemix) and demanded damages from Wemade.

Wemade stated that the plaintiffs (former and current employees) requested 16.2 billion won in compensation, accounting for 4% of the company's capital. In addition, the company stated that it will respond through legal agents in accordance with legal procedures.