Convicted crypto bros seek relief in the 11th Circuit

Two cryptocurrency creators, Michael Kane (CEO of Hydrogen Technology) and Shane Hampton (head of engineering), are challenging their federal convictions in the 11th Circuit for securities fraud related to manipulating the price of Hydro cryptocurrency tokens using automated bots. They were convicted in 2024 of conspiring to commit securities price manipulation and wire fraud, with Kane receiving a three-year and nine-month sentence and Hampton a two-year and 11-month sentence.