SEC Halts Trading in Firm That Rose 959% on Crypto Treasury Plan

BloombergMonday, September 29, 2025 at 6:32:14 PM
SEC Halts Trading in Firm That Rose 959% on Crypto Treasury Plan
The SEC has suspended trading in QMMM Holdings Ltd. after a staggering 959% surge in its stock price within just three weeks. This drastic increase raised concerns about potential market manipulation, particularly through social media promotions. This situation highlights the ongoing scrutiny of cryptocurrency-related stocks and the regulatory challenges that come with rapid price fluctuations, reminding investors to be cautious in a volatile market.
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