🚨Crypto Crime Alert!🚨 Ex-CEO of Hydrogen Tech Corp, Michael Kane, is facing a 45-month "vacation" in prison for a crypto price manipulation scheme. His partner in crime, Shane Hampton, got a 35-month ticket. This marks the first time a federal jury has declared a cryptocurrency a security.👮♂️💼
The SEC had previously sued Kane and Hydrogen Tech, leading to a $2.8 million fine. Kane pleaded guilty to securities price manipulation and wire fraud. Hampton and two other execs also pleaded guilty.🏛️💰
Got thoughts on this? Share below!👇 Remember, crime doesn't pay...especially in crypto!😉