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Eight charged in alleged ‘pump and dump’ social media influence stock scheme
The Record by Recorded Future therecord.media
Eight men who allegedly made at least $114 million from a “pump and dump” stock manipulation scheme have been charged by federal prosecutors. According to an indictment released on Tuesday, the group posted false and misleading information about certain stocks on Twitter and Discord recommending followers purchase them without disclosing the intent to then sell […]
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