Seychelles Court

On March 7, CoinFLEX announced that the reorganization had been approved by the Seychelles court. CoinFLEX expects the court to issue a written order this week. The transaction of locking assets (LUSD, LETH, etc.) has stopped. CoinFLEX hopes to implement the reorganization as soon as possible, and will not restart the transaction of locked assets within 24 hours after the court order is issued, so that all holders of locked assets can fully understand the situation. CoinFLEX will specify the next steps after receiving a written court order. Interpretation of…