House Committee Finds Evidence of Chinese Employee Access to US Customer Data at Webull
The House Select Committee on China has analyzed internal messages from 2021 that suggest a Webull employee based in China had access to U.S. customer account information, contradicting the company's claims about data restrictions. The committee previously reported that Webull is structurally tied to the Chinese government and poses national security risks. These findings emerged after an October report led to more than 19% drop in Webull’s stock price. The messages were exchanged between a U.S.-based manager at Webull's brokerage, Brendan Fuller, and Zhenghan Wang (nicknamed
Topics: China ties customer data security House Select Committee on China Webull