SEC charges a California trader for allegedly using misleading claims to promote penny stocks on Twitter to his ~13K followers and then selling his holdings (Charlie Osborne/ZDNet)

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SEC charges a California trader for allegedly using misleading claims to promote penny stocks on Twitter to his ~13K followers and then selling his holdings (Charlie Osborne/ZDNet)

16 March 2021 Technology & Digitalization 0

Charlie Osborne / ZDNet:
SEC charges a California trader for allegedly using misleading claims to promote penny stocks on Twitter to his ~13K followers and then selling his holdings  —  The agency says social media was used in an alleged pump-and-dump scam.  —  The US Securities and Exchange Commission (SEC) …