Nvidia to Pay $5.5-Million SEC Penalty for ‘Inadequate Disclosures’ About Cryptomining

Nvidia to Pay $5.5-Million SEC Penalty for ‘Inadequate Disclosures’ About Cryptomining

Nvidia Corporation has agreed to pay $5.5 million (roughly Rs. 42 crore) to settle civil charges that the technology firm did not properly disclose the impact of cryptomining on its gaming business, the US Securities and Exchange Commission (SEC) said on Friday. In back-to-back quarters in fiscal 2018, Nvidia failed…