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

Started by Bitcoin, Jun 27, 2024, 10:48 am

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Jun 27, 2024, 10:48 am
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. […]

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