Defendant Name:
Future Fintech Group Inc.
Defendant Type:
Public Company
Document Reference:
33-11206-s
Document Details
Legal Case Name
In the Matter of Future FinTech Group Inc.
Document Name
SEC Charges Future Fintech Group Inc. with Accounting Fraud Violations
Document Date
03-Jul-2023
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On July 3, 2023 the SEC "announced settled charges against Future FinTech Group Inc. ("FTFT"), arising out of the Company's filing of materially inaccurate annual reports and its failure to maintain adequate books and records and internal control over financial reporting."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Compliance Related Independent Consultant
Monetary Penalties:
Civil Penalty
Individual:
$1,650,000.00
Shared: