TechFlow, September 30 — According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has suspended trading of QMMM Holdings Ltd., a digital media advertising company whose shares surged nearly 1,000% in less than three weeks. The SEC stated the stock may have been manipulated by social media promoters.
QMMM's share price has risen 959% since earlier this month when the company announced plans to establish a "diversified cryptocurrency treasury" with an initial size of $100 million, primarily investing in Bitcoin, Ethereum, and Solana.
Add to Favorites
Share to Social Media
