The U.S. Department of Justice is reportedly contemplating fraud
posted 3 Aug 2023
But officials are concerned about potential negative impacts on consumers, according to Semafor media.The fear is that an indictment could trigger a run on the exchange, leading to consumer losses and causing panic in the crypto markets, similar to what happened with FTX, which eventually went bankrupt.As a result, prosecutors are exploring alternative options such as fines and deferred or non-prosecution agreements.
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