Wemade Vice President Resigns from Subsidiary Amid Ongoing Investigations

IconCryptoNewsTerminal Staff06 Sep, 2024

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Wemade Vice President Resigns from Subsidiary Amid Ongoing Investigations

Jang Hyun-guk, Vice President of Wemade, has resigned from his position as CEO of Wemade Max, a development subsidiary, due to personal reasons, according to Digital Daily. Jang, who was previously CEO of Wemade, stepped down in March and is currently under investigation for allegedly manipulating WEMIX's distribution volume. With Jang's resignation, Wemade Max will operate under a sole representative director system led by Lee Gil-hyun.