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Eight “influencers” charged with securities fraud in $114 million pump-and-dump scam [TechSpot]
View Article on TechSpot
According to the Department of Justice and the Securities and Exchange Commission, between January 2020 and April 2022, a group of eight social media influencers conspired to target companies buying up thousands of dollars in stock. They then promoted those buys as hot tickets on their social media accounts.
