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 โ€œa jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,โ€ said the head of the Justice Departmentโ€™s Criminal Division. [โ€ฆ]

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