ChainCatcher news, monitored by Aggr News, after the well-known short-selling firm Citron announced a short position, MSTR is expected to drop 22% compared to the opening price in the U.S.

ChainCatcher news, according to Cointelegraph, Andrew Left, the founder of financial research firm Citron Research, pleaded not guilty to several securities fraud charges on July 26. Left attended a 40-minute hearing at a federal court in Los Angeles, where Judge Rozella Oliver ordered him to pay a $4 million unsecured bond and a $1 million secured bond. A trial date for Left is set for September 24.Previous news, Andrew Left, the founder of Citron Research, has been charged by the SEC with securities fraud, accused of misleading retail investors to profit $16 million through "pump and dump" stock recommendations.

ChainCatcher news, according to Cointelegraph, Andrew Left, the founder of financial research firm Citron Research, has been charged with securities fraud, allegedly misleading retail investors to profit $16 million through "bait and switch" stock recommendations.The U.S. Securities and Exchange Commission charged on July 26 that Left is a strong cryptocurrency skeptic who used social media and television appearances to promote stocks in which he held short or long positions. This created a false impression, and in many cases, his actions were exactly the opposite.The regulator added, "This fraudulent conduct deceived investors and allowed Left to use his Citron Research reports and tweets as catalysts to reap short-term profits."It is reported that in February, after the cryptocurrency exchange temporarily halted on February 28, Left's Citron called for shorting Coinbase stock.

ChainCatcher News, the well-known short-selling firm Citron Research shared its views on the FTX incident on Twitter. Citron stated that the FBI did not conduct a two-hour check on the second-largest donor to the Democratic Party. This is a national security issue."This reignites the flames of our shorting... We continue to short ETH because we believe this $130 billion market cap token has many common-sense flaws, just like the entire SBF story." (Source link)