The US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are reportedly investigating suspicious trading patterns in the shares of certain companies that have announced crypto treasury strategies.

SEC, FINRA Scrutinize Suspicious Trading Moves

On Thursday, The Wall Street Journal (WSJ) reported that financial regulators have reached out to some of the over 200 companies with Digital Asset Treasury (DAT) strategies after observing unusual trading activity in the days leading up to the announcement of their crypto treasury strategy.

People familiar with the matter told the news media outlet that the SEC and the FINRA have examined unusual trading moves in the shares of multiple unnamed companies that announced that they would adopt a DAT st

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