June 23, 2020
With LK having proven to be a fraud and having investors having lost millions in equity when revenue numbers were falsified, what is the SEC doing to investigate other blatantly fraudulent companies? In particular, there has been a massive amount of investigation done in the private sector about GSX. They seem to have fake users, faked financials, stock manipulation, brazen job postings for bot farm tech resources, faked office addresses. The stock movement looks similar to what happened right before LK imploded. This Chinese company is almost certainly a fraud an is stealing investor dollars. What will the SEC do about it?