EST July 26, the U.S. Securities and Exchange Commission announced that the famous short-selling agency Citron Capital and its founder Andrew Leifert filed a lawsuit. Public information shows that Andrew Leifert is one of Wall Street's well-known big short, due to the success rate of shorting once reigned on Wall Street was known as “Wall Street bounty hunter”. The SEC charged Andrew Levitt with using Citron Capital's website and related social media platforms to deceive investors by issuing false and misleading statements about stock trading recommendations. In addition, the Department of Justice has filed a criminal complaint against Andrew Levitt for “securities fraud”. It is believed that Levitt could face up to 370 years in prison if convicted on all charges. In addition, he has been charged with violating the anti-fraud provisions of the federal securities laws and, if convicted, will be required to disgorge all allegedly illegally obtained funds and pay additional fines.