So big tech get caught being less than honest with investors, pays a laughable fine, SEC pat themselves on back saying we are a tough regulator, big tech acknowledges no blame, goes on to make more money, business as usual with proven business model, punters get screwed. Nothing changes that dares to make an impact on earning the almighty $ in the U.S of A$$ !!
Nvidia pays $5.5m to settle SEC charges of shoddy cryptomining disclosures
Nvidia has paid a $5.5 million fine to settle charges that the GPU maker withheld the true impact of cryptocurrency mining on 2017 revenue. The US Securities and Exchange Commission (SEC) made the settlement public Friday, saying the chip designer "failed to disclose that cryptomining was a significant element of its material …