The reason — violation of shareholder approval rules during an investment raise and a major deal involving the purchase of approximately $272.7 million worth of Toncoin by the company’s subsidiary.
The company will remain listed and has committed to following requirements in the future.
Nasdaq staff stated that no further action is required and the company’s securities will not be delisted.
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Just News
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Sam Bankman-Fried has filed an appeal claiming the judge and media “biased” the jury against him. His lawyers accuse Judge of mocking him and siding with prosecutors — and demand a new trial.
The appeal is being led by lawyer Alexandra Shapiro, who previously secured the acquittal of several top managers in fraud cases.
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Recently, claims of rising bets on Sam Bankman-Fried’s release by the end of 2025 are being spread online. In reality, the odds are still just 9% on Polymarket, with a total volume of $223K — numbers that have stayed in this range since September.
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Anonymous Poll
50%
Yes
50%
No, it will crash lower
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