Shares of the small-cap have been bid up in the bitcoin mania
The Crypto Company raised $7.7 million in equity earlier this week in a private placement.
Shares of the company had rallied 2700% this month but the SEC has suspended trading until January 3 "because of concerns regarding the accuracy and adequacy of information in the marketplace about, among other things, the compensation paid for promotion of the company, and statements in Commission filings about the plans of the company's insiders to sell their shares of The Crypto Company's common stock. Questions have also arisen concerning potentially manipulative transactions in the company's stock in November 2017."
Shares are traded over-the-counter with the ticker CRCW.
