On November 5, Seoul Central District Court ruled that Dunamu, the operator of Upbit, lost its API copyright lawsuit against Bithumb. The court dismissed all claims, finding Upbit's API documentation lacked sufficient originality for copyright protection. The court noted that field names such as 'accounts,' 'currency,' and 'order' are common English terms used across the financial industry, and similar URL paths and field names appear in other exchanges' API documentation. The court also rejected Dunamu's unfair competition claims, citing no evidence that Bithumb's API adoption caused Upbit to lose market share or revenue.

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