According to Yonhap News Agency, Kim Seok-hwan, a representative of Wemix Foundation, a blockchain subsidiary of Wemade, admitted at an emergency meeting that it lost about 8.65 million WEMIX tokens (worth about 6.22 million US dollars) due to hackers. The hacker attacked the Play Bridge Vault system on February 28 by stealing the authentication key of the NFT platform "Nile". Kim Seok-hwan explained that delayed notifications were fears of triggering more attacks and market panic, emphasizing that "there was absolutely no thought or attempt to cover up the incident."