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.