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By Dean Seal The Securities and Exchange Commission has charged Shanchun Huang with allegedly inflating Future FinTech Group's share price just before he took over as the company's chief...
FTFT | Complete Future FinTech Group Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Thursday charged the CEO of Future FinTech Group with fraud and disclosure failures for allegedly manipulatively trading in the financial services firm's stock prior to becoming its chief. The regulator said in a statement that Future FinTech's Shanchun Huang used an offshore account to trade shares shortly before he becoming CEO in 2020. The SEC also said it charged Huang with failing to disclose his beneficial ownership of Future FinTech stock as well as transactions in such stock.
The U.S. Securities and Exchange Commission said on Thursday it charged Future FinTech Group CEO Shanchun Huang with fraud and disclosure failures. The regulator charged the executive...