The post Citron founder pleads not guilty to fraud over short seller calls appeared on BitcoinEthereumNews.com.

Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government. Andrew Left, the founder of short-selling financial research firm Citron Research, has pleaded not guilty to several securities fraud charges laid against him on July 26. Left reportedly appeared in a 40-minute-long hearing in a federal court in Los Angeles, where Judge Rozella Oliver imposed a $4 million unsecured bond and a $1 million collateralized bond against Citron’s founder. Left — who once said the cryptocurrency industry is rife with “fraud” — will need to post the collateralized bond by Aug. 5, according to Bloomberg’s July 29 report. Read more Source: https://cointelegraph.com/news/citron-researchs-andrew-pleads-not-guilty-securities-fraud?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ July 30, 2024 6:14 pm