According to Foresight News, multiple project parties have revealed that they paid high intermediary fees, approximately $10 million and $2 million respectively, in order to list on the South Korean cryptocurrency exchanges Upbit and Bithumb. These intermediaries are related to Upbit's shareholders and market makers. Wu said that some project parties also stated that they provided intermediary fees ranging from 3% to 5% of the total token amount, and ultimately successfully launched Upbit. However, not all project parties have paid intermediary fees. Among the 7 projects contacted by Wu, 3 stated that they did not pay any intermediary fees.
