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A South Korean court has acquitted former Wemade CEO Jang Hyun-guk of market manipulation charges related to the WEMIX token. The ruling marks a significant legal victory for Jang, who now leads blockchain gaming firm Nexus.
- Court ruled no intent to manipulate WEMIX token's market price
- Case involved alleged violations of South Korea's capital market laws
- Ruling allows Jang to continue leadership role at blockchain firm Nexus
📎 Related coverage from: cointelegraph.com