Jang Hyeon-guk, former CEO of Wemade and current CEO of NEXXUS, has been acquitted in the first trial regarding allegations of manipulating the circulating supply of WEMIX. NewsPim reported the court's decision, which found Jang not guilty of violating the Capital Markets Act. The charges stemmed from accusations that Jang falsely announced the suspension of WEMIX liquidity last August. Prosecutors alleged this announcement induced investors to purchase WEMIX, thereby preventing a decline in Wemade's stock price and the WEMIX market price, ultimately resulting in unspecified profits for Jang. The court's decision indicates that the prosecution failed to provide sufficient evidence to prove that Jang intentionally misled investors or profited illegally from the announcement regarding WEMIX liquidity. The acquittal is a significant development in the ongoing legal battles surrounding Wemade and its cryptocurrency, WEMIX. The full implications of this ruling are yet to be seen, but it could influence future legal proceedings related to cryptocurrency regulations. ```