# Wemade Faces $41 Million Tax Liability Amidst Web3 Fund Launch

In a recent turn of events, Wemade, a well-known South Korean gaming firm, has revealed a significant financial challenge, ultimately facing a tax liability of 53.7 billion won ($41 million), a revelation that comes on the heels of their partnership with Whampoa Group to establish a $100-million Web

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| Published | 5 January 2024 |

Source: https://egamers.io/wemade-faces-41-million-tax-liability-amidst-web3-fund-launch/