SEC Targets The Hydrogen, Related Entities Over Crypto Securities Market Manipulation

The US Securities and Exchange Commission has filed charges against The Hydrogen and its market maker, Moonwalkersfor, for allegedly engaging in unregistered securities and artificially inflating token’s priceoken.

The agency said the project’s native “Hydro” tokens were initially distributed to investors via airdrops, bounty programs, and as employee compensation. “Companies cannot avoid the federal securities laws by structuring the unregistered offers and sales of their securities as bounties, compensation, or other such methods. As our enforcement action shows, the SEC will enforce the laws that prohibit such unregistered fund-raising schemes in order to protect investors.”

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SEC takes aim at crypto project and its 'market maker' over alleged manipulationThe Securities and Exchange Commission is taking aim at a crypto token for alleged market manipulation, as well as its distribution via bounty and airdrop. how comee all coveeringg this from us SECGov please consider taking action over Binance on support of Terra and manipulation over prices …
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Owners of a small deli are charged with fraud for valuing business at $100 million3 men have been charged with fraud for allegedly orchestrating a scheme that inflated the market value of a tiny New Jersey deli to $100 million — despite generating less than $40,000 in annual revenue. Geez this sounds familiar 🤔 Are they named Trump?
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