Major South Korean cryptocurrency exchanges Bithumb, Coinone, and Korbit, all members of the Digital Asset eXchange Alliance (DAXA), have announced the delisting of WEMIX (WEMIX). The delisting is scheduled for June 2nd at 15:00 (KST). DAXA cited insufficient explanation from the WEMIX foundation regarding earlier investment warnings. Their statement emphasized that a thorough review of the issuing entity's credibility and security concerns led to the decision. Ultimately, DAXA concluded that WEMIX failed to meet the necessary criteria for continued support on their exchanges. This decision reflects the exchanges' commitment to maintaining high standards and protecting investors. The delisting raises concerns about the future of WEMIX and its adoption within the South Korean market. ```