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According to a report by Cointelegraph on July 15, the Southern District Court of Seoul, South Korea, has ruled that Jang Hyun-guk, the former CEO of blockchain gaming company Wemade, is not guilty in the WEMIX token circulation manipulation case. The court found that Jang did not intend to manipulate the cryptocurrency market prices through deceptive means, thus not violating South Korea's Capital Market Act.


The prosecution previously accused Jang of falsely announcing a suspension of WEMIX Token liquidation to stabilize prices and enhance investor confidence, and also accused him of secretly selling WEMIX Tokens worth over $200 million between February and October 2022. However, the court found no clear evidence of intent to manipulate the market.
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N_h_shuvo93vip
· 10h ago
good information
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GateUser-9a3762d5vip
· 10h ago
NEW: TRUMP SAYS “HAPPY CRYPTO WEEK”
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Moathalmahdivip
· 11h ago
Very beautiful *trending*
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