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House Select Committee on China Raises Allegations of Webull Employees Accessing US Customer Data

CNBC ·

BULL
BULL Webull Corp
$6.03 +2.20%
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  1. 1The House Select Committee on China analyzed internal messages suggesting Webull employees accessed US customer information from China.
  2. 2Webull shares fell by more than 19% following the October 7 report.
  3. 3Webull stated that US customer data is stored in the US and access to sensitive data is restricted to US-based employees.

So what's the key point?

A US House committee raised concerns that Webull employees accessed customer information from China. Webull shares fell by more than 19% after the report was released.

Source CNBC · View original ↗

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