SEC Strikes at Crypto Treasury Firm, Halts QMMM Stock Trading after 1,000% Rally
Yahoo Finance·2025-09-30 10:00
The US Securities and Exchange Commission (SEC) has recently charged out on Solana Treasury firm QMMM Holdings, with its stock price gaining 1000 % in just 25 days. The SEC alleges that the rally was fueled by anonymous social media promotions after the company announced plans to establish a $100 million diversified crypto treasury, with investments in Bitcoin , Ethereum , and Solana . The rush for crypto treasuries is on the rise as players like Forward Industries have been accumulating in significant nu ...