Just-In: Fantom Wins Lawsuit As Court Overturns Lower Court Ruling

In a significant legal victory, the Seoul High Court’s Civil Division 19-3 has ruled in favor of Fantom Foundation against Korean food technology startup SikSin and its CEO Byung-Ik Ahn. The appellate court’s decision overturns a previous ruling by the Seoul Central District Court, dismissing all claims made by the plaintiffs and ordering them to bear all litigation costs.