Timur Turlov, CEO and majority shareholder of Freedom Holding Corp. (FRHC), has commented on the situation with investigations into the holding’s activities by the U.S. Department of Justice and Securities and Exchange Commission (SEC) reported by CNBC. As he wrote on Instagram, the only goal of ill-wishers is to put together negative information, while their main weapon is «scandal narrative and blatant manipulation of facts.»
On Friday, October 6, CNBC reported that the SEC’s Boston regional office has been probing FRHC for months, citing «documents the outlet has seen and people familiar with the matter.»
As Turlov explained...