Title: Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud
Post by: Bitcoin on Jun 27, 2024, 10:48 am
Post by: Bitcoin on Jun 27, 2024, 10:48 am
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. […]
Source: Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud (https://news.bitcoin.com/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. […]Source: Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud (https://news.bitcoin.com/landmark-federal-case-jury-declares-crypto-price-manipulation-as-securities-fraud/)