SEC Suspends Trading of UBI Blockchain Following ‘Unexplained Market Activity’

in #blockchain7 years ago

This regulator has issued suspension. The Securities and Exchange Commission has suspended the business of UBI Blockchain shares. This is according to CNBC before reaching $ 22. In December last year, the company's share has reached $ 9 to $ 87 in just one week. This phone number used for regulatory filing is disconnected. It will not be strange at all and also that UBI Blockchain has never earned any revenue. This company originally changed its name to JA Energy in 2016 and has reached market value of more than $ 800 million.

Source - https://cointelegraph.com/news/sec-suspends-trading-of-ubi-blockchain-following-unexplained-market-activity

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