RYVYL (RVYL) Joins Fight Against Naked Short Selling

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RYVYL Joins Fight Against Naked Short Selling

January 23, 2023 8:00 AM EST

SAN DIEGO, CA, Jan. 23, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions today announced the Company will join the fight against naked short selling.

After examination of the trading patterns of its common stock, RYVYL Inc. (NASDAQ: RVYL), leadership noticed some suspicious activity meriting a formal investigation. The Company will continue to review past and present trades for... More