According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain’s stock price.
FBI Suspects Insider Trading Around Long Island Iced Tea’s Blockchain Pivot
The FBI is seeking evidence of insider trading and securities fraud relating to the 2017 blockchain pivot of Long Island Iced Tea, a warrant indicates.
Nasdaq Believes Publicly-Traded Long Blockchain Misled Investors
Long Blockchain is appealing a delisting decision from Nasdaq which, according to a letter, believes the publicly-traded company misled its investors.
Long Blockchain Is At Risk for Exchange Removal Again
Long Blockchain announced it would appeal a notice by Nasdaq informing it that its stock was at risk of being delisted.