Monday February 24, 2025

SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures

SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures

by Bitcoin.com August 11, 2024 1 min read

(Originally posted on : Bitcoin News )

The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated in overstating the company’s financial performance and failing to disclose […]

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