In a landmark federal case, two men have been sentenced for orchestrating multimillion-dollar cryptocurrency securities fraud and wire fraud schemes. This case marks the first time a jury in a federal criminal trial has found that a cryptocurrency was a security and that manipulating cryptocurrency prices constituted securities fraud. Additionally, Bulgaria has announced plans to press charges against Ruja Ignatova, the so-called Cryptoqueen, who co-founded a cryptocurrency scheme believed to have defrauded investors of more than $4 billion.
In a landmark federal case, a jury found that a #cryptocurrency was a security and manipulating #crypto prices was securities fraud. https://t.co/tDweYYOEji
“In this case, for the first time, a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud. " An undercovered story. cc: @timsteno @sonalibasak @dee_bosa @EamonJavers https://t.co/8Fe5nonsUF
“In this case, for the first time, a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud. " This story is undercovered. cc: @timsteno @sonalibasak https://t.co/8Fe5nonsUF
🔵 BULGARIA TO PRESS CHARGES AGAINST FUGITIVE CRYPTOCURRENCY FRAUDSTER Bulgaria will press charges against fugitive Ruja Ignatova, the so-called Cryptoqueen who co-founded a cryptocurrency scheme that regulators believe defrauded investors of more than $4 billion, the chief…
🚨Breaking News: Two Men Sentenced for Orchestrating Multimillion-Dollar Cryptocurrency Securities Fraud and Wire Fraud Schemes “In this case, for the first time, a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency…