As a South Korean lawyer (not attorney), I would like to present an opinion. It is true that Do Kwon made a mistake, but at least under Korean law, he is not criminally guilty. To Do Kwon, two charges can be examined: one is a violation of the Similar Receipt Prohibition Act(SRPA) and the other is a violation of the Capital Markets Act(CMA). First, we look at the SRPA. This law applies only to...

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