SEC cracks down on ideas for fraud in misleading crypto and income disclosures

The US Securities and Exchange Commission (SEC) charged Ideanomics Inc. and three of its senior executives for fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor and former CFO Federico Tovar were implicated in exaggerating the company’s financial performance and failing to disclose (…)