According to Ji Jie Network news, citing Digital Asset, the Seoul Southern District Court ruled in a case in which the Korean virtual asset exchange Coinone sued the online investment financial company Cross Finance Korea over 900 million Korean won of alleged unjust enrichment. In the case, the defendants including Cross Finance were ordered to jointly pay Coinone 361.69 million Korean won, or about 40% of the principal. The court dismissed Coinone’s claims of fraud and material misrepresentation seeking to rescind the contract, but held that Cross Finance, knowing that the relevant PG company had a controlling relationship with the pre-settled enterprise, failed to sufficiently disclose the risks, and, as an operator in the online investment finance industry, violated its duties; therefore, it must bear part of the compensation liability.