A South Korean court has mandated P2P lending firm Cross Finance Korea to compensate crypto exchange Coinone with 360 million won (approximately $260,000). This decision follows Coinone's lawsuit demanding the return of 900 million won, which it claimed was unjustly enriched by Cross Finance. The legal dispute is linked to the broader default crisis in the P2P lending sector during 2024-2025, impacting digital asset exchanges. Coinone's involvement with Cross Finance began in November 2023, following a recommendation from its CEO, surnamed Guo. The exchange's investment in Cross Finance products ranged from 1 billion to 4 billion won until August 2024.