In a nutshell: Authorities arrested eight males allegedly concerned in a “massive” pump-and-dump rip-off. The suspects stand accused of artificially inflating inventory costs through the use of their affect on Twitter and Discord to get followers to purchase inventory in particular companies earlier than promoting off their very own shares for an unlimited revenue.
In line with the Division of Justice and the Securities and Alternate Fee, between January 2020 and April 2022, a gaggle of eight social media…