Head Trader of Crypto Platform EmpiresX Pleads Guilty in $100 Million Fraud Scheme

I. Background
1) a descriiption of the ethical problem and the solution that the business chose.
2) an ethical analysis of the behavior described. For the ethical analysis, operate within a framework that discusses ethics in terms of a) the tangible good and/or harm experienced by those stakeholders affected and b) the rights, duties, or fundamental
moral principles involved. This ethical analysis should incorporate your answers to the following kinds of questions:
a) did the issue you are discussing harm anyone?
b) are there ways that those harmed (or others) are benefited in a way that justifies the harm? Does the good outweigh the harm?
c) apart from the tangible impact of the problem/solution on those affected, is everyone involved being treated appropriately? That is, are there specific “rights” or “duties” that are a part of this case that must be respected? Is there a conflict of rights, duties or obligations?
3) an explanation of the ramifications of the alleged unethical activity for the company.
Did it result in negative publicity and reputational damage? In fines or settlements from government regulators? In the loss of customers? In the loss of employee morale? In executive turnover?

II. Potential Solutions
1) one fully developed solution per team member (Regulations on “misrepresentation” of a company) that your company either:
a) could have taken to avoid having the ethical problems in the first place
or
b) could take at the point the ethical problems happened to correct the problems and prevent them from reoccurring.

III. Team Recommended Solution
5) one fully supported recommended approach that the team selects from the solutions championed by individual team members. This recommended approach should NOT combine parts from different individual solutions but rather should be one of the individual solutions in full.

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