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SEC, DOJ charge social media influencers in alleged $100 million fraud scheme - CNBC

The defendants allegedly used Twitter and Discord to promote stocks without disclosing alleged plans to sell once the prices rose.

Corruption · Twitter-(delisted) · Crime · Court-decisions · Products-and-Services · Corporate-crime · Securities-fraud · Collusion · Fraud-and-false-statements · Politics · Social-media · Mobile · Technology · Breaking-News:-Technology · Breaking-News:-Politics · business-news

December 14, 2022 at 2:59:38 PM EST * · permalink

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https://www.cnbc.com/2022/12/14/sec-charges-social-media-influencers-in-alleged-100-million-fraud-scheme.html