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 https://news.bitcoin.com/landmark-federal-case-jury-declares-crypto-price-manipulation-as-securities-fraud/