SEC Charges Future FinTech CEO Shanchun Huang With Fraud and Disclosure Failures
The U.S. Securities and Exchange Commission (SEC) has charged Shanchun Huang, the CEO of Future FinTech Group Inc., with manipulative trading and failure to disclose beneficial ownership of the company's stock. The charges relate to Huang's actions in 2020, when he allegedly engaged in deceptive trading practices using an offshore account shortly before assuming the role of Future FinTech's CEO.