BlockBeats reported that on July 30, Cointelegraph reported that Andrew Left, founder of financial research firm Citron Research, pleaded not guilty to several securities fraud charges against him on July 26. Left attended a 40-minute hearing at a federal court in Los Angeles, where Judge Rozella Oliver required him to pay a $4 million unsecured bond and a $1 million mortgage bond. The trial date for Left is scheduled for September 24.
BlockBeats previously reported that on July 29, Citron Research founder Andrew Left was charged with securities fraud by the SEC for allegedly misleading retail investors through "bait and switch" stock recommendations to make a profit of $16 million.
