Wu said that according to a press release from the U.S. Department of Justice, two men were sentenced for manipulating the price of a security and conspiring to defraud investors in the purchase of Hydrogen Technology's cryptocurrency HYDRO. Through the inflated prices caused by their manipulative behavior, the conspirators made approximately $2 million in profits from the sale of HYDRO in approximately 10 months. In this case, the jury in a federal criminal trial determined for the first time that a cryptocurrency is a security and that manipulating the price of a cryptocurrency is securities fraud. This indictment and the sentence imposed today should serve as a warning: the Criminal Division will not hesitate to use all available tools, including federal securities laws, to protect the integrity of the cryptocurrency market.