Currenc Group Inc., a fintech company listed on Nasdaq under the ticker CURR, has announced an investigation into suspected illegal short selling of its shares. The company has engaged Shareholder Intelligence Services, LLC to assist in monitoring and investigating potential naked short selling activities. This move is part of Currenc's broader initiative to protect shareholder value amidst its global expansion and the rollout of innovative AI-driven solutions. The investigation aims to identify any irregular trading patterns and ensure transparent trading practices. Currenc is prepared to pursue regulatory and legal actions if necessary to address any illegal trading or market manipulation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.