South Korean court rejects Flow's bid to halt delisting

A South Korean court has dismissed the Flow Foundation's request for an injunction to halt the delisting of its token (FLOW) from major domestic exchanges, Digital Asset reported exclusively. The Seoul Central District Court's 50th Civil Affairs Division rejected the application on March 13, citing that FLOW remains tradable on other exchanges, a future relisting is possible, and the move is necessary to prevent greater losses for other investors. FLOW is scheduled to be delisted from Upbit, Bithumb, and Coinone at 6:00 a.m. UTC on March 16. The token remains available for trading on Korbit and Binance.