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

US regulator halts trading in firm that soared 959% on crypto plan

The SEC said the stock may have been manipulated by touts on social media. Read more at straitstimes.com.

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

The US Securities and Exchange Commission suspended trading in QMMM Holdings Ltd. after its shares surged almost 1,000% in less than three weeks, saying the digital media advertising firm’s stock may have been manipulated by touts on social media.

SEC Suspends Trading in Crypto-Driven QMMM After 1,000% Price Explosion

QMMM Holdings lit up the market with a 1,000% surge after unveiling a bold crypto treasury and AI-blockchain strategy, prompting swift SEC intervention over volatility concerns. SEC Suspends QMMM Trading After Explosive Crypto Treasury Sparks Massive Rally Regulators are intensifying oversight of volatile equities tied to cryptocurrency ventures, underscoring growing concern about manipulation in digital […]

SEC Suspends Trading of QMMM Holdings Stock Amid Manipulation Probe

U.S. Securities and Exchange Commission (SEC) temporarily halted trading in the shares of QMMM Holdings Ltd. (NASDAQ: QMMM), a Hong Kong-based digital advertising firm, due to concerns over potential stock price manipulation. The suspension, effective immediately, will last until 11:59 p.m. ET on October 10, 2025 10 trading days, allowing the regulator to investigate suspicious […] The post SEC Suspends Trading of QMMM Holdings Stock Amid Manipu…

SEC Halts Trading of Crypto Treasury Firm QMMM, Exposing a TradFi Problem - Crypto Economy

TL;DR The SEC has temporarily frozen QMMM trading after an explosive price spike linked to its decision to build a crypto treasury. While regulators frame the move as a manipulation probe, many analysts argue it reflects traditional finance’s discomfort with corporations adopting decentralized assets. Rather than discouraging crypto strategies, the event highlights how outdated market frameworks struggle to process blockchain-native capital flo…