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College Student Receives Suspended Sentence in Second Instance of Cryptocurrency "Withdrawing Liquidity" Case, Pleading Guilty and Accepting Punishment Becomes Turning Point in Outcome

Source: mp.weixin.qq.com
According to lawyer Liu Yang, the college student who was sentenced to 4 years and 6 months of fixed-term imprisonment in the first instance for profiting from issuing virtual currency and conducting a "rug pull" voluntarily pleaded guilty and accepted punishment during the second instance trial, was ultimately granted a suspended sentence, and was released after the hearing.

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