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Bitcoinist 2024-06-26 21:00:27

Federal Jury Makes History By Ruling Crypto Manipulation As ‘Securities Fraud’

In a landmark case brought by the US Department of Justice (DOJ), two individuals have been convicted of manipulating the price of a crypto asset deemed a “security” and allegedly conspiring to defraud investors by purchasing Hydrogen Technology’s HYDRO cryptocurrency. The federal jury’s verdict resulted in significant prison terms for the defendants and established a crucial

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