Feds Auditing in possible internal trading in the main encryption deals

Federal organizers are increasingly scrutinized by companies that have adopted the so -called Crypto Crypto strategies this year, after they caught the unusual trading patterns in their shares.

the The companies have exploded in recent monthsWith hundreds of companies that invest in encryption this year. Crypto-Training strategies, previously strategic (Microstrategy), include money raising through stock or debt sales specifically to buy Bitcoin and other encrypted currencies. For some of these companies, this scheme is no longer a side experience; Some invest in Crypto the company’s strategy.

For example, the strategy, which was established in 1989, was famous for its business and software company before it was burned for the strategy of the current encrypted companies in 2020 when it invested $ 250 million in Bitcoin. Last February, she dropped the minute from her name.

The Wall Street Journal reported Thursday, referring to unveiled sources that both the US Securities and Stock Exchange Committee (SEC) and the Financial Industry Regulatory Authority (Finra) have communicated with many companies. People familiar with the newspaper told the newspaper that the organizers are concerned about unusually high trading volumes and gains in sharp stock prices before public ads about encryption purchases.

SEC officials have warned of companies that could violate the justice of the regulations, which prevent public companies from selectively unchanging public information with analysts and investors who may trade them. Lawyers told the magazine that letters from Finra often indicate the beginning of investigations into potential internal trading.

SEC did not immediately respond to a request for comment from Gizmodo, while Finra refused to comment.

For many companies, the axis to Crypto Crypto includes a quiet benefit from external investors ready to finance their encrypted purchases in particular. These investors are usually required to sign non -disclosure agreements, while maintaining the confidentiality of corporate identities until official ads are issued. But since some stocks have risen in the days before the news of Crypto purchases, some information about these investments has been leaked.

According to the magazine, quoting Architect Partners from Crypto-Edvisy, 212 new companies have announced plans to raise approximately $ 102 billion to purchase encryption so far this year.

The Wall Street Journal said it is still unclear whether the organizers are planning to take action against companies or investors.

The paper noted that the president of SEC Paul Atkins recently criticized the previous committee’s tactics, saying it was a “weapon” to stimulate the encryption.

Looking at the Trump administration Crying policiesThe reaction of the laxation from the Supreme Education Council will not be very terrible. The president was very friendly with this industry Help make The wealth of itself.