The U.S. Securities and Exchange Commission (SEC) has closed an investigation into Rumble Inc. without a decision to take enforcement actions against the video-sharing platform.
Wired magazine first reported that the SEC was actively investigating Rumble in January. Responding to Wired’s Freedom of Information request about the video platform, SEC attorney Melinda Hardy told the publication that “the investigation from which you seek records is still active and ongoing.”
While Ms. Hardy provided few additional details about the nature of the investigation, Wired noted an April 2023 report by a firm called Culper Research that alleged Rumble was inflating its user metrics....
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