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Future FinTech Group Inc - FTFT STOCK NEWS

Welcome to our dedicated news page for Future FinTech Group (Ticker: FTFT), a resource for investors and traders seeking the latest updates and insights on Future FinTech Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Future FinTech Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Future FinTech Group's position in the market.

Rhea-AI Summary
Future Fintech Group Inc. (FTFT) announces a data mining hosting agreement with Teracrypto Technology for bitcoin models on its cryptocurrency farm in Ohio. The Agreement covers hosting services, power load, fee structure, and duration. FTFT SuperComputing will provide hosting services for bitcoin miners, ensuring continuous power supply for efficient mining operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
Tags
none
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Rhea-AI Summary
Faruqi & Faruqi, LLP is investigating potential claims against Future FinTech Group Inc. for violating federal securities laws. Investors who suffered losses exceeding $25,000 between March 10, 2020, and January 11, 2024, are encouraged to contact the firm. The complaint alleges that the company's executives manipulated stock prices and misled the Securities and Exchange Commission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
-
Rhea-AI Summary
Securities law firm Faruqi & Faruqi is investigating potential claims against Future FinTech Group Inc. for violating federal securities laws by making false and/or misleading statements and/or failing to disclose that Defendant Shanchun Huang manipulated the price of Future FinTech stock and lied to the Securities and Exchange Commission. Investors who suffered losses exceeding $25,000 between March 10, 2020, and January 11, 2024, are encouraged to contact the law firm directly to discuss their legal rights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
none
Rhea-AI Summary
On January 11, 2024, the SEC filed a lawsuit against Future FinTech's CEO, Mr. Shanchun Huang, alleging manipulative trading and non-disclosure of beneficial ownership of the company's stock. Mr. Huang denies the allegations and vows to fight vigorously in court. The company stands by Mr. Huang and expresses confidence in his innocence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.37%
Tags
none
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Rhea-AI Summary
Future Fintech Group Inc. (NASDAQ: FTFT) announced the establishment of an independent committee to review and investigate allegations made by the SEC against its CEO for manipulative trading and failing to disclose beneficial ownership of the Company stock. The Board imposed restrictions on the CEO's stock trading and will provide training to officers, directors, and employees on appropriate trading practices. The civil litigation against the CEO has had no impact on the Company's operations, according to the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
Tags
none
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Rhea-AI Summary
Future Fintech Group Inc. (NASDAQ: FTFT) Completes Acquisition of Alpha International Securities and Alpha Information Services, Creating Synergies for International Expansion
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
Rhea-AI Summary
Future FinTech sponsored an awards ceremony to show appreciation to customers and highlight the importance of the Pakistani community. Media outlets and bloggers covered the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
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Rhea-AI Summary
Future FinTech CEO invited to attend Paraguay President's inauguration, plans to cooperate in financial technology and crypto mining
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.11%
Tags
none
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Rhea-AI Summary
Future Fintech Group Inc. announced the appointment of Mr. Peng Lei as the Chief Operating Officer. He will be responsible for managing the Company's operations and promoting its strategic transformation. Mr. Lei has more than 20 years of experience in supply chain finance and other fields. His appointment is expected to contribute to the Company's growth and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.94%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.71%
Tags
none
Future FinTech Group Inc

Nasdaq:FTFT

FTFT Rankings

FTFT Stock Data

17.19M
11.49M
27.68%
0.16%
1.8%
Frozen Fruit, Juice, and Vegetable Manufacturing
Manufacturing
Link
China (Mainland)
Xian

About FTFT

ftftex is a professional global crypto data aggregation platform, a subsidiary platform of nasdaq-listed future fintech company (nasdaq: ftft). ftftex provides institutional and individual investors with real-time, high-quality, reliable digital currency market data, such as bitcoin, ethereum, eos, litecoin, tron, and other digital currencies. ftftx aggregates global digital currency platforms' currency and transaction data, conducting multi-dimensional and all-round analysis, delivering the most valuable information to users.