Hypebeast -
6 May 2022 23:21
NVIDIA has been fined $5.5 million USD by the U.S. Securities and Exchange Commission on charges that it failed to disclose how much of its revenue came from cryptomining to investors.In 2018, NVIDIA reported profits of $9.714 billion USD, over half of which it attributed to gaming. The SEC's order claims that the company failed to disclose cryptomining as a significant contributor to its revenue.Per the order, the SEC alleges that during two quarters in the 2018 fiscal year, NVIDIA "had informa...
Share this Article