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Former federal prosecutors say Do Kwon is unlikely to face prison as it will be hard to prove intent to defraud but fines and lawsuits are more likely (MacKenzie Sigalos/CNBC)


MacKenzie Sigalos / CNBC:

Former federal prosecutors say Do Kwon is unlikely to face prison as it will be hard to prove intent to defraud but fines and lawsuits are more likely  —  – Do Kwon is the 30-year-old South Korean founder of a $60 billion stablecoin project that imploded last month.



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