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
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.
Yesterday, the net inflow of US spot Ethereum ETFs was $76.6 million.
Analyst: Bitcoin has bottomed out in the short term, a rebound towards $100,000 may occur
BlackRock IBIT holdings drop to 777,700 BTC
Trending news
MoreCrypto prices
More
