US SEC charges Future FinTech CEO with fraud, disclosure failures By Reuters
From Investing.com:
The U.S. SEC charges Future FinTech Group CEO with fraud and failing to disclose stock trading, says he manipulated stock price before becoming CEO in 2020. Huang made high-volume trades to boost prices as Future FinTech risked delisting from Nasdaq due to low share price. Future FinTech’s shares fell 17% in after-hours trading. Defense lawyer Jacob Frenkel confident of positive outcome.
Read more: US SEC charges Future FinTech CEO with fraud, disclosure failures By Reuters