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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Kyle Campbell

Nvidia fined $5.5 million for allegedly hiding how many GPUs it sold to crypto miners

Nvidia Crypto SEC

The U.S. Securities and Exchange Commission (SEC) is making Nvidia pay $5.5 million for not disclosing how many of its gaming graphics cards (GPUs) were bought by cryptocurrency miners.

The SEC announced charges against Nvidia Friday, specifically for not telling investors that cryptomining had a significant role in the company’s material growth during the 2018 fiscal year.

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