SEC Sues UBI Blockchain For Failing To Submit Regular Filings

According to Odaily, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against UBI Blockchain. The lawsuit alleges that UBI Blockchain has failed to submit regular filings as required by the SEC. Since the SEC issued an order on June 2, 2023, dismissing a previous lawsuit against UBI Blockchain, the company has not submitted any periodic or other reports.

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