Webull China ties: Why US lawmakers say the trading app poses a national security risk
First reported 7 Oct, 13:46 UTCUpdated 1d ago4 sources
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Webull faces a US national security warning over its China ties, data, ownership and workforce as lawmakers raise concerns about risks to American investors.
Excerpt from Hindustan Times
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A congressional committee says trading platform Webull is not the ordinary U.S. company it claims, but exposes customer data to Chinese surveillance risk.
In a new report, a bipartisan committee identified “a profound gap” between Webull marketing itself as “an American company” based in St. Petersburg, Fla., and its actual compliance with Beijing’s laws.
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- Trading platform Webull's China ties create national security risk, congressional panel finds; stock drops 18% (opens CNBC in a new tab)
A congressional committee says trading platform Webull is not the ordinary U.S. company it claims, but exposes customer data to Chinese surveillance risk.
- Webull China ties: Why US lawmakers say the trading app poses a national security risk (opens Hindustan Times in a new tab)
Webull faces a US national security warning over its China ties, data, ownership and workforce as lawmakers raise concerns about risks to American investors.
- House Committee on China: Investment Platform Webull's Connections to CCP Put Americans at Risk (opens Breitbart in a new tab)
The House Select Committee on China has concluded that digital investment platform Webull maintains "structural ties" to the Chinese government that pose national security risks to the United States financial system, according to findings released Wednesday.
- Trading app Webull tanks 18 percent over ‘ties’ to Chinese government, national security concerns: report (opens New York Post in a new tab)
In a new report, a bipartisan committee identified “a profound gap” between Webull marketing itself as “an American company” based in St. Petersburg, Fla., and its actual compliance with Beijing’s laws.
