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

Australia News News

SEC takes aim at crypto project and its 'market maker' over alleged manipulation
Australia Latest News,Australia Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

ICYMI: 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Owners of a small deli are charged with fraud for valuing business at $100 millionOwners 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.
Read more »

Build-A-Bear enters web3 with Swarovski crystal-encrusted toyBuild-A-Bear enters web3 with Swarovski crystal-encrusted toyCrypto start ups and stealth NFT projects aren't the only ones professing to build in a bear market.
Read more »

Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUASteve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUADIGITAL, an investment firm backed by hedge fund billionaire StevenACohen2, invested $10 million in Web3 in-game asset marketplace aquadotxyz. BrandyBetz reports
Read more »

CFTC's Pham calls for new office focused on retail traders, with eye to crypto protectionsCFTC's Pham calls for new office focused on retail traders, with eye to crypto protectionsA CFTC commissioner is looking to counter criticism of the commission's ability to regulate crypto markets.
Read more »

First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach BlockchainFirst Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach BlockchainBitcoin plunges after taking an early morning ride over $20K, and ether also rises and falls; Chinese students and educators wonder if universities can successfully teach the technology with Chinese characteristics. JPRubin23 and luo_trista report
Read more »



Render Time: 2025-03-03 15:40:30