Web: https://www.theverge.com/2022/5/6/23059930/nvidia-sec-charges-fine-settlement-gaming-gpu-crypto-mining

May 6, 2022, 3:21 p.m. | Adi Robertson

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Illustration by Alex Castro / The Verge

Nvidia will pay $5.5 million to settle charges that it unlawfully obscured how many of its graphics cards were sold to cryptocurrency miners. The US Securities and Exchange Commission announced the charges and a settlement with the company today. Its order claims Nvidia misled investors by reporting a huge boost in revenue related to “gaming,” hiding how much its success relied on the far more volatile crypto market. Nvidia isn’t admitting to wrongdoing …

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