Court rejects injunction to halt POLA delisting from Bithumb

A court has dismissed an injunction request from the developer of the virtual asset POLA (Polaris Share) seeking to halt its delisting, Digital Asset reported. As a result, trading support for POLA on the South Korean exchange Bithumb is scheduled to end at 6:00 a.m. UTC on July 6. According to the report, the 50th Civil Division of the Seoul Central District Court rejected the application on July 2, stating that the materials submitted by the developer, DCompany Global, were insufficient to justify suspending the delisting ahead of a final judgment.