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Caixin: Hong Kong crypto asset management company QMMM&'s stock has been suspended and its office is deserted.

2025-10-1715527 Views

according to Caixin, the US Nasdaq-listed company QMMM Holdings (NASDAQ:QMMM) announced on September 9, 2025, that it plans to establish a $100 million cryptocurrency reserve, with the stock price rising 9.6 times in three weeks. The US Securities and Exchange Commission (SEC) at the end of September believed that the company was suspected of manipulating stock prices through social platforms and ordered it to halt trading from September 29. The company has been suspended from trading since then.

Caixin: Hong Kong crypto asset management company QMMM&'s stock has been suspended and its office is deserted.

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