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GPU maker NVIDIA settles with the SEC over crypto mining disclosure issues

Computing hardware maker NVIDIA has settled with the Securities and Exchange Commission (SEC) for $5.5 million over alleged “inadequate disclosures concerning the impact of cryptomining on the company’s gaming business.” The SEC announced the news today, saying that its order found that the company failed to disclose mining as a significant element of its revenue growth. During consecutive quarters in fiscal year 2018, the company did not disclose that crypto mining was a main driver of the sale of its …