SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue – Regulation Bitcoin News

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SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue – Regulation Bitcoin News
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The SEC has charged Nvidia for failing to disclose that crypto mining significantly boosted its revenue. cryptocurrency bitcoin $BTC

SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

Nvidia Failed to Disclose That Crypto Mining Was a Significant Element of Its Material Revenue Growth As demand for and interest in cryptocurrency rose in 2017, Nvidia customers increasingly used gaming GPUs for crypto mining, the SEC noted.

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