Nvidia’s board said it was starting an independent investigation into allegations of a possible Chinese espionage attempt involving CEO Jensen Huang. The New York Times alleged in October that China’s Ministry of State Security recruited Alice Huang to gather intelligence on him; China denies the allegation. The board said it had no reason to believe national security or Nvidia secrets were compromised.
Bitcoin fell below $74,000, and more than $297 million in bitcoin long positions were liquidated over 12 hours, according to Coinglass data. Before the U.S. market opened, Nvidia-linked perpetual futures and tokenized stock were each down about 6% over 24 hours. The source does not establish that the allegations caused those market moves.
