More than 200 companies that claimed they were switching to a crypto-treasury strategy are now on the radar of U.S. regulators. Both the Securities and Exchange Commission and the Financial Industry Regulatory Authority have contacted these companies after spotting sudden spikes in stock prices and trading activity just days before their public crypto announcements. Several of the companies saw their stock prices shoot up before they made any announcements. That’s what triggered the SEC and FINRA attention. And that leak doesn’t just break rules, it can wreck the deal. Justin Platt, a partner at law firm Goodwin, said, “If the stock price is highly volatile in the days leading up to pricing a transaction, that could actually make it very difficult to agree on a price for the transaction and put it at risk of execution.” So now, what started as a rush into crypto could end up as a lesson in how not to fumble your treasury strategy while everyone’s watching. Read the Cryptopolitan article for more.