“Kwon agreed with others to defraud purchasers of cryptocurrencies issued by TFL, by deceiving those purchasers about the effectiveness of the algorithmic mechanism that purportedly ensured the stability of UST’s price through false statements and market manipulation,” the filing alleged under one of the charges.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
In a statement, Deputy Attorney General Lisa Monaco said, "Today’s result shows how the Justice Department, working with international partners,...