Flow ($FLOW) coin, launched by Dapper Labs in 2020, has recently been dealing with delisting news.
At this point, $FLOW is trying to block the delisting decisions of South Korea’s largest exchanges, Upbit, Bithumb, and other domestic exchanges.
Accordingly, on March 9, the Flow Foundation filed a preliminary injunction application with the Seoul Central District Court, requesting that Upbit, Bithumb, and other domestic exchanges halt their decisions to end trading support for $FLOW.
Upbit and Bithumb had previously announced that trading support for $FLOW was scheduled to end on March 16th.
Following the foundation’s application to prevent $FLOW from being delisted, the price of $FLOW increased by more than 50%.
According to CoinMarketCap data, $FLOW, which has increased by 50% in the last 24 hours, is trading at $0.0626.
The foundation stated that $FLOW trading support continues as normal on major global exchanges such as Binance and HTX.
“…Flow Foundation and Dapper Labs today filed an application with the Seoul Central District Court to suspend the termination of $FLOW trading support on three Korean exchanges on March 16.”
All of the world’s leading exchanges have fully restored $FLOW services. This week, Binance, in a joint statement with the Flow Foundation, removed the tracking label. HTX also independently confirmed this…”
*This is not investment advice.