The U.S. Department of Justice is reportedly contemplating fraud
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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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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