Future Fintech Group Says On April 11, Jury Returned Verdict In Favor Of FT Global In Matter Of Lawsuit Filed Against Co In Jan 2021
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MIAMI BEACH, Fla., Aug. 30, 2024 /PRNewswire/ -- FT Global Capital, Inc. ("FT Global"), a Miami Beach-based registered broker-dealer and investment banking firm, announced today that it has stepped up its enforcement efforts to collect on $10.8 million Judgment against Future FinTech Group Inc. (NASDAQ:FTFT) ("Future FinTech"). On January 14, 2021, FT Global brought this lawsuit based on Future FinTech's failure to pay fees after raising over $80 million from investors that FT Global introduced to Future FinTech. On April 16, 2024, the U.S. District Court for the Northern District of Georgia entered an Amended Judgment in favor of FT Global against Future FinTech in the approximate amount o
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, today announced that its Board of Directors (the "Board") approved the appointment of Mr. Hu Li as Chief Executive Officer ("CEO"), President and a member of the Board of the Company, effective August 5, 2024. Mr. Li will be fully responsible for the operation and management of the Company, helping it to expand internationally, manage its investment and financi
NEW YORK, April 30, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that on April 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. ("FTFT SuperComputing"), signed a data mining hosting agreement (the "Agreement") with Tech Solution Inc. ("Tech Solution") which stipulates that FTFT SuperComputing will provide hosting services for Tech Solution's Bitcoin miners on its cryptocurrency farm in Norwalk, Ohio.
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NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that on November 7, 2023, its wholly-owned subsidiary, Future FinTech (Hong Kong) Limited ("FTFT HK"), completed the acquisition of Alpha International Securities (Hong Kong) Ltd. ("Alpha HK") and Alpha Information Services Shenzhen Limited ("Alpha SZ"). The names of the two entities were subsequently changed to 'FTFT International Securities and Futures Limited' and 'FTFT Information Services (Shenzhen) Co. Ltd.', respectively.
NEW YORK, Aug. 30, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ:FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company held an operations update video conference call on August 20, 2021. It was attended by CEO Shanchun Huang, COO Yang Liu, CIO Xiaochen Zhao, Head of FTFT's Future Commercial Group Ltd. Jie Han, and Honorary Chief Economist of the Company Dr. Finn E. Kydland, Nobel Laureate in Economics. Future FinTech COO Yang Liu hosted the call and commented on FTFT's recent operations, "As of mid-August, we have made significant progress in imple
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Heritage Insurance Holdings Inc (NYSE:HRTG) On May 1, Heritage Insurance Holdings reported worse-than-expected first-quarter EP
Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that on April 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. ("FTFT SuperComputing"), signed a data mining hosting agreement (the "Agreement") with Tech Solution Inc. ("Tech Solution") which stipulates that FTFT SuperComputing will provide hosting services for Tech Solution's Bitcoin miners on its cryptocurrency farm in Norwalk, Ohio.The Agreement specifies that Tech Solution's bitcoin miners would include models such as the Antminer S19j Pro, with a maximum total power load of 4.0
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NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, today announced that its Board of Directors (the "Board") approved the appointment of Mr. Hu Li as Chief Executive Officer ("CEO"), President and a member of the Board of the Company, effective August 5, 2024. Mr. Li will be fully responsible for the operation and management of the Company, helping it to expand internationally, manage its investment and financi
NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company", a comprehensive financial and digital technology service provider, announced today that on July 28, 2023, it appointed Mr. Peng Lei as the Chief Operating Officer ("COO") of the Company. Mr. Lei will be fully responsible for managing the Company's operations, helping it to grow its supply chain financing and service business and promoting FTFT's continued strategic transformation. Mr. Lei replaces Mr. Yang Liu as COO, while Mr. Liu still holds various positions with the subsidiaries of the Company.
NEW YORK, Jan. 6, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has appointed Mr. Ola J. Lind as Chief Strategy Officer of FTFT and the Chief Executive Officer of the Company's subsidiary, FTFT Capital Investments LLC ("FTFT Capital"). The former Chief Strategy Officer of the Company, Mr. Weichen Pan, has resigned from this position due to personal reasons. Mr. Lind will be responsible for the Company's strategic planning, international partnering, M&A and development of its cryptocurrency financial ser