The first "runaway" micro-strategy company has finally made its grand appearance!
The US-listed company QMMM boldly announced it would invest $100 million to hoard BTC, ETH, and SOL. As soon as the news broke, the stock price skyrocketed 9.6 times, making it a "rocket ride".
So what happened? Caixin revealed that the SEC accused this guy of manipulating stock prices using social media tricks, and now the office in Hong Kong's Seaview Building is empty, likely having rolled up and fled, leaving a mess behind!
CZ couldn't help but jump in to comment, suggesting Binance quickly find a third-party crypto custody service and have investors form a group audit to avoid losing money.
