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Crypto Frontier | 2 months ago (raw) | export | reply | flag +1 -1 
 SEC and Ideanomics settle crypto revenue reporting fraud charges

The United States Securities and Exchange Commission (SEC) has settled fraud charges with electric vehicle company Ideanomics over financial reporting and “misleading the public about the company’s performance.” 
 https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1720279547350-YAKIHONNES3.jpg
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sella maurtan | 2 months ago (raw) | root | parent | reply | flag 
 The SEC accused Ideanomics of reporting over $40 million in revenue for 2019 based on fraudulent accounting related to a crypto asset transaction. The agency claimed that this false reporting led to overestimated financial statements, misleading shareholders, and the public about the company's financial health