Nvidia fined $5.5M for failing to mention crypto miners were some of its biggest customers for gaming GPUs

The US Securities and Exchange Commission (SEC) has fined Nvidia $5.5 million for failing to disclose how much cryptocurrency mining impacted its gaming GPU business.

The SEC holds that Nvidia failed to disclose that cryptocurrency mining was a “significant element” of its revenue growth during 2017, and hid the fact that this growth did not come directly from its gaming GPU business as the company claimed.

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