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

posted  3 Aug 2023
Photo - 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.