According to an exclusive report by Digital Asset, the Seoul Southern District Court has ruled on the case where South Korean virtual asset exchange Coinone sued online investment finance company Cross Finance Korea for unjust enrichment of 900 million KRW. The court ordered Cross Finance and other defendants to jointly pay Coinone 361.69 million KRW, approximately 40% of the principal amount. The court dismissed Coinone's claims of fraud and rescission of the contract due to significant misunderstanding but found that Cross Finance was aware of the control relationship between the relevant PG company and the pre-settlement enterprise and failed to adequately disclose the risks. As an online investment finance operator, they violated their obligations and are therefore partially liable for compensation. https://(wublock123.com)/news/coinone-seeks-investor-loss-recovery-court-dismisses-fraud-claims-partial-compensation-63276