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SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme Promoted on Discord and Twitter – why is the FCA so useless?

By Tom Winnifrith | Wednesday 14 December 2022


 


We all know the sort of wretched individuals who pump and manipulate small cap UK stock prices on twitter by telling knowing falsehoods but the FCA, despite being provided with evidence does SFA. In the US it is different. A release from the SEC shows how to do what the FCA refuses to do because it is too busy monitoring how many lesbians or BAME folk sit on the Climate Change committees at UK PLC.
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