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South Korean court dismisses Upbit operator Dunamu's API plagiarism lawsuit against Bithumb.

BlockBeats news, November 5 - The 63rd Civil Division of the Seoul Central District Court in South Korea ruled on the case where Dunamu, the operator of Upbit, sued Bithumb, dismissing all claims by the plaintiff and ordering Dunamu to bear the litigation costs. Dunamu had alleged that Bithumb plagiarized its application programming interface documentation and sought approximately KRW 200 million in damages, among other claims. The court did not support the damages claim.

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Behind the Upbit Hack and the Major Merger with Naver Financial lies a large-scale restructuring of power in the South Korean financial industry and a strategic move towards a U.S. listing. The true storyline is that Upbit is evolving from a mere exchange platform into a comprehensive fintech giant.
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