US SEC Suspends Trading of QMMM Shares, a Bitcoin and Ethereum Treasury Company
Jinse Finance reported that digital advertising company QMMM Holdings announced earlier this month that it is purchasing Bitcoin, Ethereum, and Solana. After the company shifted to a cryptocurrency strategy, its stock soared by more than 2,100% over the past month. The U.S. Securities and Exchange Commission (SEC) has now suspended trading of the stock, claiming that there may be market manipulation involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wormhole to launch W token strategic reserve Wormhole Reserve
Cronos partners with Amazon Web Services (AWS)
Reliance Global Group completes XRP purchase, expands digital asset portfolio
Trending news
MoreCrypto prices
More
