SEC Halts Trading in a Crypto-Treasury Firm After 1,000% Surge— What Triggered the Red Flag?
The US Securities and Exchange Commission has suspended buying and selling in QMMM Holdings on September 29 following a dramatic surge in its share worth, which jumped almost 1,000% this month after the agency revealed plans to construct a cryptocurrency treasury. The Hong Kong-based firm’s transfer to allocate $100 million into Bitcoin, Ethereum, and Solana…
