The Short Report

MTC
MMTec, Inc.

1 report on MMTec, Inc. (MTC) by Fugazi Research, summarized: the thesis, evidence and key numbers. Latest: May 18, 2026.

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MTC MMTec, Inc.

Fugazi Research: MMTec Trades at 605x Revenue With a $495M Market Cap, Zero Analyst Coverage, Zero Institutional Ownership, and a FINRA-Censured Broker-Dealer as Its Only Business

MTC's entire $807K in annual revenue comes from a 3-person broker-dealer fined $450K by FINRA for failing to detect wash trades and spoofing — while a 1,000% spike in November 2025 had no accompanying news, filing, or...

Fugazi Research
May 18, 2026