That was probably a huge percentage of their revenues--all fictitious--from doing wash trades on an online exchange with no economic purpose. But that fictitious revenue was fooling the investing public, making people think that company had more revenue than it actually did. They were all just ``wash'' trades.
Discussing the impact of fictitious revenue from wash trades on the investing public.
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I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title) insert the following: Sec. __. None of the funds made…
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