Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud

In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” said the head of the Justice Department’s Criminal Division. […]

Jun 27, 2024 - 05:00
 2
Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud
Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities FraudIn a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” said the head of the Justice Department’s Criminal Division. […]

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow