( September 28, 2022, 14:34 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission has charged financial technology company The Hydrogen Technology Corporation and its former CEO, Michael Ross Kane, with a scheme to manipulate the cryptoasset market that yielded over $2 million to Hydrogen and Kane. The SEC has also charged Tyler Ostern, the CEO of self-described "market making firm" Moonwalkers Trading Limited, for his role in perpetrating the scheme. According to the SEC, Kane and Hydrogen hired Ostern's company to create the false appearance of robust market activity for Hydrogen's cryptocurrency token, "Hydro."See statement and document below....
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