SEC Charges Eight Social Media Influencers in $100K Pump and Dump Scheme

The Securities and Exchange Commission has charged seven social media influencers with securities fraud after they allegedly used Twitter and Discord to manipulate exchange-traded stocks. Furthermore, another influencer was charged with aiding and abetting the alleged USD100 Million scheme. All eight people face criminal charges from the Department of Justice‚Äôs Fraud Section as well as …

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