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https://i-invdn-com.akamaized.net/news/LYNXNPEB9M0BY_M.jpgLuckin Coffee, which had a U.S. IPO in early 2019, announced last month that an internal investigation had shown its chief operating officer and other employees fabricated sales deals.
The sources requested anonymity ahead of an official announcement. Luckin Coffee and Nasdaq did not immediately respond to requests for comment.