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SEC charges Ideanomics and three executives with accounting and disclosure fraud

Iamge of the front of the front of the Nasdaq board in Times Square saying "IDEX," the ticker symbol for Ideanomics, Inc.
Photo: Noam Galai/Getty Images for Ideanomics

Julie DiMauro

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The SEC settled fraud charges against Ideanomics, its CEO and two former executives for misleading financial reporting and disclosures.


The SEC has announced settled fraud charges against Ideanomics, Inc, formerly known as Seven Stars Cloud Group, Inc, and its former Chairman and CEO, Zheng (Bruno) Wu, for misleading the public about the company’s financial performance between 2017 and 2019.

The SEC also announced settled charges against Ideanomics’ current CEO, Alfred

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