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The virtual currency market, which has been attracting attention as a new financial industry, is shaking endlessly.
This time, a Korean virtual currency, whose value once rose to 2.8 trillion won, entered the delisting process for deceiving investors.
Reporter Kim Jung-woo is on the sidewalk.
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Wemix, a virtual currency created by the game company WeMade.
When the decision to delist came out, the value fell to less than a quarter.
96% disappeared as the market capitalization, which rose to 2.8 trillion won a year ago, reached 110 billion won.
The actual stock of WeMade, which created this coin, also fell to the lower limit.
Cryptocurrency exchanges revealed that WeMade has been cheating investors.
They publicly announced that they had issued 245 million copies of Wemix, but as a result of the investigation, they actually printed and sold 70 million copies.
It is understood that this was confirmed belatedly because the issuing company decides how much cryptocurrency to issue and distribute.
WeMade said that it had restored the temporary increase in circulation, and that it would continue to maintain transactions by mobilizing all means.
[Jang Hyun-guk/CEO of Wemade: All errors have been resolved now, but 'I can't trust Wemix's management' is something I can't accept.]
However, it is pointed out that the vulnerability of the virtual currency market has been revealed once again, as it is clear that the promise made to investors has been broken.
[Hong Ki-Hoon/Professor of Business School, Hongik University: Saying that there is no problem because all corrections have been made is actually very dangerous.
It can be seen as a very big risk that the promise is not fulfilled.]
Gopax, which enters the top 5 virtual currency exchanges, is also unable to pay the money entrusted by some customers, so trust in the market continues to shake.
(Video coverage: Kim Se-kyung, Video editing: Cho Moo-hwan)