The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have charged Andrew Left and his firm, Citron Capital, with orchestrating a $20mn fraud scheme on August 5. The high-profile case alleges that Left issued false and misleading statements about stock investments, impacting multiple companies, including Freedom Holding Corp (FHRC). If convicted, Left could face up to 25 years in prison, with charges including fraud related to Nvidia and Tesla. According to the SEC, Left manipulated the stock market by publicly recommending long or short positions in 23 companies,…
