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The South Korean court ruled the former CEO of Wemade not guilty in the Wemix manipulation case.
DailyNews
WEMIX0,25%
PANews reported on July 15 that the Southern District Court of Seoul, South Korea, has ruled that former Wemade CEO Jang Hyun-guk is not guilty, finding no intention to manipulate the WEMIX Crypto Assets market price through fraudulent means. It is reported that the prosecution accused Jang Hyun-guk of falsely announcing the suspension of WEMIX Token liquidation to stabilize prices and induce investor confidence, but the court found a lack of clear evidence to prove his intention to manipulate the market. The WEMIX Token has fallen 97% from its historical high, currently priced at 0.63 USD. The prosecution can still appeal the ruling.
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Comment
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Summer99
· 2025-07-16 11:01
Hurry up and enter a position!🚗