Wemade faces a compensation lawsuit filed by 27 employees for an amount of approximately $11.85 million.

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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 said the plaintiffs (former and current employees) are seeking 16.2 billion won in damages, or 4 percent of the company's capital, and will respond through legal agents in accordance with legal procedures.

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