The US Securities and Exchange Committee suspended temporarily trading in QMM Holdings after the shares rose 959 % in less than three weeks on the back of the Crypto Crypto axis.
In the suspension arrangement, SEC informed the potential manipulation through the “recommendations” of social media by unknown parties that appeared designed to amplify the price and size. This effect entered on Monday and is scheduled to be operated for 10 days trading while the organizers dig.
QMM has announced that it will allocate a $ 100 million wallet via Bitcoin, Ethereum and Solana, as well as launching the Crypto analysis platform.
The news raised a sharp increase from about $ 11 to peak inside the day near $ 207, before the arrow was traded by about $ 119.40 before freezing.
BTC's price trends upwards on short timeframes. Source: BTCUSD on Tradingview
A broader campaign on “Treasury”
the Qmm stop SEC and Finra are expanding investigations into unusual trading activities related to the advertisements of encrypted companies.
This year, more than 200 companies have announced plans to raise funds through symbolic purchases, and often follow the sharp increases in prices before ads. Organizers examine potential leaks inside and violations of RG FD related to selective participation of material information.
Promotions in the shares driven by noise and speculative treasury strategies can cause shares prices from their real value, leaving late traders at risk when catching up the facts of the market.
Modern reports indicate that this strategy has become crowded, as some companies have turned into financial engineering after the decline in encryption gatherings, which prompted the Securities and Stock Exchange Committee to accelerate efforts to stop trading and investigate suspicious increases.
What QMM means a position for investors now
For my holder, the suspension of the suspension in situations until the trading is resumed, and the results differ from an organized reopening to possible enforcement procedures if violations are discovered.
We expect to increase the demands of detailed disclosure: Watch a review portfolio, treasury risk policies, clearly for business until just “numbers”.
The QMM episode emerges as a new basis: the adjacent Crypto will not be sufficient, especially when the promotion of social media is involved.
The main levels that must be seen after stopping the liquidity conditions, opening the auction volatility, and any SEC updates Clarify the scope of the investigation. In general, investors who are looking for shares may prefer for digital assets with experience and transparent budget strategies on sudden axes.
With the presence of organizers who refer to the continuous scrutiny of the Crypto-TEARCURIY relationship, due care, on both symbols and corporate accounts, were never more important.
Image coverage of Chatgpt, BTCUSD Chart from TradingView
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