FLOW, the native token of the Movement blockchain, jumped greater than 50% in 24 hours after the Movement Basis filed an emergency injunction in a Seoul court docket to halt a deliberate delisting by South Korea’s largest cryptocurrency exchanges.
The authorized transfer, mixed with a current regulatory improve by Binance, triggered a pointy restoration for the Layer-1 blockchain following months of downward stress.
Supply: TradingView Authorized Intervention in Seoul
The Movement Basis and Dapper Labs filed a movement with the Seoul Central District Court docket on March 9, searching for to droop the termination of buying and selling assist on Upbit, Bithumb, and Coinone.
Movement Basis stays dedicated to making sure open entry to $FLOW in each market.
