Coinnounce
2020-03-07 06:16:33

Bitcoin mining maker Canaan is being accused of misleading IPO investors.

The China-based manufacturer company, Canaan filed its IPO with the SEC in October 2018 and hoped to raise $400 million. However, Canaan only managed to raise around $90 million when it was listed on the Nasdaq Global Marketplace. Even this year, the company did not perform well as it faced competition from other mining rig […]

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