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The Securities and Exchange Commission (SEC) has settled charges with NVIDA for inadequate disclosure of the impact of crypto mining on the companies gaming business. Citing the failure to provide investors with important information regarding crypto being a material element of its revenue growth in fiscal year 2018.
Chief of the SEC Enforcement Divisions Crypto Assets and Cyber Unit. All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate.â€
As the Crypto Assets and Cyber Unit moves ahead.
Ted Dziekanowski
#cryptoassets #sec
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