News with the tag "citron research"

MicroStrategy took a massive hit on Thursday after Citron Research revealed it’s betting against the company. The stock dropped by as much as 10% in intraday trading, reversing earlier gains of nearly 15%. Citron described the company’s Bitcoin-heavy strategy as detached from reality, effectively ca...

Andrew Left, founder of Citron Research, pleads not guilty to securities fraud charges of manipulating stock markets for personal gain and misleading investors. The post Citron Research Founder Pleads Not Guilty to Securities Fraud Charges, Faces $5 Million Bond appeared first on Cryptonews .

Andrew Left, the founder of Citron Research, a short-selling firm, has entered a plea of not guilty to multiple securities fraud charges. The post Andrew Left Pleads Not Guilty to Securities Fraud Charges appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government.

Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice.

The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges.

The allegations come weeks after Citron Research revealed its short position in GameStop.

Roaring Kitty, one of the main orchestrators of the GME saga, could be on track to becoming the first GME billionaire if the pump continues.