The Securities and Exchange Commission (SEC), has announced that it will file charges against eight online influencers for a $100 million scheme to commit securities fraud. The defendants used social media platforms such as Twitter and Discord to manipulate exchange-traded stock prices. Pro Traders Or Manipulators? It was a lawsuit.
The first CoinGape article was Breaking: SEC Charges 8 Social Media Influencers With $100 Mn Stock Manipulation Scam