SEC charges 8 social media influencers, alleging $100M pump-…

SEC charges 8 social media influencers, alleging $100M pump-…

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The U.S. Department of Justice and the Securities and Exchange Commission filed parallel lawsuits against eight social media influencers, alleging they engaged in a pump-and-dump stock manipulation scheme that fleeced their followers out of $100 million. The SEC announced fraud charges on…

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