FeesSafety
Pluang+

Class action filed against UP Fintech over alleged illegal securities activities in China causing stock price drop.

Market News
28 Oct 2026, 05:22 WIB
PRNewsWire
View Source
Bearish
Class action filed against UP Fintech over alleged illegal securities activities in China causing stock price drop.

A class action lawsuit has been filed against UP Fintech Holding Limited for allegedly conducting unlicensed securities and futures business in mainland China, which was not properly disclosed to investors. The company faced regulatory penalties totaling approximately RMB 411 million, leading to a significant drop in its stock price in May and June 2026. Investors who bought UP Fintech securities between April 2024 and June 2026 and suffered losses may be eligible to join the lawsuit. Robbins LLP is representing investors on a contingency basis, offering a chance to recover losses without upfront costs.

UP Fintech Holding Limited class action lawsuit is the subject, with this Pluang market snapshot as of Oct 28, 2026 08:01 WIB: Among 142 Financials-sector US stocks, 80 rose and 61 fell. Notable movers include PURR at USD 9.88 (+8.93%), BTBT at USD 0.91 (+8.48%), and RIOT at USD 13.56 (+7.70%). Typical hold times range from 6 to 18 days, with varied Pluang order activity percentages.

More News

India's plastics market to reach $68.41B by 2032, driven by packaging and electric vehicle demand.

India's plastics market to reach $68.41B by 2032, driven by packaging and electric vehicle demand.

India's plastics industry is projected to grow from USD 49.98 billion in 2027 to USD 68.41 billion by 2032, at a CAGR of 6.48%. Growth is fueled by rising demand in packaging, pharmaceuticals, electric two-wheelers, and construction, alongside polyme...

Market News
Bullish
33 minutes ago
Grupo Aeroportuario del Pacífico to pay dividend of 20.80 pesos per share on Nov 6, 2026

Grupo Aeroportuario del Pacífico to pay dividend of 20.80 pesos per share on Nov 6, 2026

Grupo Aeroportuario del Pacífico (GAP) announced a dividend payment of 20.80 pesos per share, approved at its April 2026 shareholders' meeting. The dividend will be paid on November 6, 2026, to shareholders presenting coupon No. 42 of their share cer...

Company Fundamentals
Bullish
1 hour ago
XRP addresses holding 1,000-100,000 tokens hit record 1.14M with 10.86B XRP balance

XRP addresses holding 1,000-100,000 tokens hit record 1.14M with 10.86B XRP balance

The number of XRP addresses holding between 1,000 and 100,000 tokens reached a record high of 1,138,510 on October 27. These addresses collectively held 10.86 billion XRP, up by about 380 million from the start of the year. The majority of these addr...

Protocol Fundamentals
Bullish
4 hours ago
JupiterExchange launches Jupiter Bridge beta for Solana asset transfer rate comparison.

JupiterExchange launches Jupiter Bridge beta for Solana asset transfer rate comparison.

JupiterExchange has introduced Jupiter Bridge in beta, enabling users to compare transfer rates from Relay, Mayan, and Circle CCTP for moving assets to and from the Solana blockchain. JupiterExchange operates exclusively on Solana and features a dece...

Protocol Fundamentals
Neutral
4 hours ago
MANTRA opens 8th claim batch for OM upgrade; users must claim by Dec 2 to stay eligible.

MANTRA opens 8th claim batch for OM upgrade; users must claim by Dec 2 to stay eligible.

MANTRA announced the opening of its eighth claim batch for the OM upgrade on October 27. Users who have not made any claims since June 3 must make at least one claim by December 2 to remain eligible for future token distributions. Tokens associated w...

Protocol Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App