SEC Fines Nvidia $5.5 Million for Insufficient Crypto Disclosures
Nvidia will pay $5.5 million to settle charges from the United States Securities and Exchange Commission (SEC) that the company’s disclosures regarding the effect of cryptomining on its gaming arm were insufficient. The SEC order states that Nvidia “failed to disclose… that cryptomining was a significant factor in year-over-year growth in the company’s gaming revenue”…