The defendants allegedly used their platforms to hype stocks before selling them off once the prices rose.
A group of social media influencers has been charged with conspiring to manipulate stock prices in an alleged scheme that netted them $114m .
On Twitter and Discord, the group "promoted themselves as successful traders", the SEC said in a news release. The alleged crimes took place between January 2020 and April 2022. Each of the accused had over 100,000 Twitter followers as of this month.
Belgique Dernières Nouvelles, Belgique Actualités
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