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CATEGORY: hydro token

Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit
Hong Kong
Source: Blockchain News
Apr 25, 2023 10:35

Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit


Hydrogen Technology Corporation and its former CEO, Michael Ross Kane, have settled a lawsuit brought against them by the Securities and Exchange Commission (SEC) for alleged cryptocurrency price manipulation. The settlement requires the firm and Kane to pay $2.8 million in remedies and penalties. The SEC alleged that Kane used Hydrogen's market maker, Moonwalkers Trading Limited, to manipulate the volume and price of its ERC-20 token, Hydro (HYDRO). (Read More)

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SEC wins $2.8M in suit over alleged crypto token price manipulation
Author: Cointelegraph By Tom Mitchelhill
United States
Source: Cointelegraph.com News
Apr 24, 2023 08:20

SEC wins $2.8M in suit over alleged crypto token price manipulation

Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme.

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