Author: Anela Dokso

Green Hydrogen H2 News

SEC settles $2.8M Hydrogen Technology Corporation lawsuit The SEC settled a seven-month lawsuit against Hydrogen Technology Corporation and its former CEO Michael Ross Kane for $2.8 million for manipulating crypto prices. The judge ordered Kane and the firm to pay 2.8M USD in remedial and civil fines. Disgorged earnings and penalties total 1.5 million USD. Kane agreed to pay 260,000 USD plus pre-judgment interest. Hydrogen Makes $2M from Market Manipulation SchemeSeptember 2022 saw the SEC sue Kane. He used Hydrogen’s market maker Moonwalkers Trading Limited to manipulate Hydro’s ERC 20 token Hydro (HYDRO) price and volume. The SEC stated that…

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