South Korean lawmaker Kim Nam-kook held 800,000 WEMIXs with a peak price of over 6 billion won (about $4.55 million) when he introduced a bill to delay the taxation of virtual assets such as cryptocurrencies in 2021. The prosecution has launched an investigation into the matter to confirm whether there was a violation of the law. It is reported that after all 800,000 Wemix tokens were withdrawn between late February and early March 2022, the virtual currency exchange reported the details of the transaction to the Financial Intelligence Unit, which judged it to be an unusual transaction, notified the prosecution and handed over the relevant information.