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How WEMIX Plans to Restore Trust After Recent Incident

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by Giorgi Kostiuk

4 hours ago


Following the recent incident, WEMIX announced immediate measures to restore trust and stability, including restoring withdrawn WEMIX coins and developing a buyback strategy.

Immediate Recovery Actions

The temporarily suspended PLAY Bridge service will resume once its stability is confirmed. Withdrawn WEMIX coins will be restored using the foundation's holdings.

Buyback Strategy Planning

To rebuild market trust, the company plans a buyback of WEMIX coins. This move is to mitigate the incident's impact, focusing on long-term holders. More details will be shared in an upcoming announcement.

Commitments to the Community

The WEMIX team apologizes for the concern the incident caused and takes responsibility for restoring trust and providing more secure and stable service. The company is also fully cooperating with DAXA to lift the investment warning on WEMIX.

WEMIX emphasizes its commitment to restoring trust and enhancing security in its services, promising to provide further explanations in the next announcement.

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