Source: U.S. regulators are investigating insider trading in crypto reserve strategy

According to Foresight News, according to the Wall Street Journal, sources revealed that U.S. financial regulators have launched an investigation into some companies that announced their crypto reserve strategy, focusing on abnormal transactions that occurred before their announcement. The SEC and the Financial Industry Regulatory Bureau have sent letters to some companies, pointing out that the trading volume of relevant stocks has increased significantly and the stock prices have risen rapidly a few days before the announcement, and there may be risks of violating the Fair Information Disclosure Rules. Lawyers say such letters usually mean that insider trading investigations may be further deepened. More than 200 companies have followed Strategy's model this year to purchase Bitcoin and other digital assets through issuing stocks and bonds.

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