Wemix Clarifies Delay in Disclosing $6.2 Million Hack
The South Korean Wemix Foundation delayed the disclosure of a significant $6.2 million hack to prevent market panic. The incident occurred on February 28, but was officially announced on March 4, according to Yonhap. The company’s CEO, Kim Seok-hwan, publicly apologized and stated that the decision was made to prevent further attacks and minimize consequences. […]