SEC says social media influencers used Twitter and Discord to manipulate stocks

that they were part of a $100 million scheme to use social media platforms Twitter and Discord, as well as podcasts, to manipulate the price of certain stocks.

One person, Daniel Knight, who goes by the online handle “DipDeity,” was charged with “aiding and abetting the alleged scheme” after co-hosting a podcast that promoted the other defendants, the SEC said. Discord is a private chatroom and messaging platform that is popular with gaming influencers and, more recently, financial influencers. One Discord chat in particular, Atlas Trading, which as of Wednesday morning had more than 233,000 members, allegedly served as a primary forum for the scheme. According to the SEC, seven of the defendants promoted stocks to their hundreds of thousands of Twitter followers and in stock trading rooms on Discord since at least January 2020.

Literally elonmusk and BillyM2k with Dogecoin.

Shame on you for not standing behind Ben Collins!!!

MSM can’t risk covering TwitterFiles. If they admit rampant collusion between govt agencies and Twitter, they’ll have to inquire about Facebook, YouTube, Apple, Google. The whole censorship regime would unravel. Better to pretend nothing’s happening!

Musk is conspicuously missing from the list of individuals charged by SEC. My faith will be restored if legal contributors on MSM offer assurance that the law is applied equally to all.

Here comes all the bad press for Twitter since Twitter won’t play by the left’s censorship rules anymore

One of these 2 companies defrauded investors out of billions of dollars while it was having regular meetings with the SEC and its chairman.

Like elonmusk has done and continues to do.

Wow! Color me surprised! Always thought it was all legit stuff 🤷🏻‍♂️

Next up will be others involved in Fraud for shorts selling MMAT and MMTLP.

Now do the election!

Not elonmusk he’s the pump and dump king

What about the election they interfere in?

I didn’t read the entire doc but they appear to be in some real trouble!! 😳

Short squeezers get screwed by SEC

'Influencers.' 🖕🏽

You mean like Elon Musk did?

Hundreds of tesla bots pushing crypto

But It’s ok with SEC for banks and institutions to do the same thing working together to short stocks or raise the share price when it’s low enough for them to get in to lock in more profits and screw millions of retail investors who sold

Learnt behaviour from the chief twit himself?

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SEC says 8 social media influencers used Twitter and Discord to manipulate stocksJUST IN: The SEC has charged eight influencers with securities fraud after they were part of a $100 million scheme to use Twitter and Discord to manipulate the price of certain stocks, the agency says. You can protest peacefully against racism and worse and DOJ will black bag you. Try to overthrowcountry and DOJ sits on its behind and it obstructs. Try to cheat rich people, and suddenly the SEC is all over you. This says about EVERTHING that is wrong with American justice. Actions = consequences Is elonmusk one of them?
La source: NBCNews - 🏆 10. / 86 Lire la suite »

SEC says social media influencers used Twitter and Discord to manipulate stocksThe SEC has charged seven social media influencers with securities fraud, saying they were part of a $100 million scheme to use social media platforms, as well as podcasts, to manipulate the price of certain stocks.
La source: YahooNews - 🏆 380. / 59 Lire la suite »