DOJ charges 5 over digital currency price manipulation using bots
If found guilty, Kane, Wolvaardt, and Hampton will face five years in prison for conspiracy to commit securities price manipulation and 20 years on other charges.
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SEC wins $2.8M lawsuit against Hydrogen Tech over token manipulation
The U.S. securities regulator alleged that Hydrogen Tech founder Michael Kane used a South African market maker to manipulate the price of Hydro, netting $2 million in profit.
Hydrogen digital asset firm charged over securities violations and market manipulation
The U.S. securities regulator claims Hydrogen airdropped Hydro tokens and sold others on exchanges, then hired South African firm Moonwalkers to use bots to manipulate the market.