SEC takes aim at crypto project and its 'market maker' over alleged manipulation

The SEC is suing Hydrogen and market maker Moonwalkers for alleged market manipulation as well as unregistered securities offerings.

Though the SEC has sued many projects for unregistered securities offerings, this latest action takes aim at a token distribution via bounty and airdrops rather than an ICO.

SECGov please consider taking action over Binance on support of Terra and manipulation over prices …

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Source: NPR - 🏆 96. / 63 Read more »