Premium Only Content

Beware of Social Media Influencer Investment Scams. Pump & Dump Schemes Are Now Legal
Beware of Social Media Influencer Investment Scams. Pump & Dump Schemes Are Now Legal
-
642,632 views July 20, 2024
Patrick Boyle
-
A Texas District Judge Andrew S. Hanen has dismissed all charges against seven social-media influencers the SEC and Justice Department had accused of perpetrating a “stock manipulation scheme” on Twitter and Discord, ruling that the prosecution failed to state an offense in a case alleging securities fraud. The influencers were accused of securities fraud through a Pump and Dump scheme as they posted on social media that they owned or were buying various penny stocks but did not state that they were selling the stock as their followers bought. In his ruling, Judge Hanen rejected the government’s argument that this constituted a crime and concluded that the defendants “did not deprive investors of their money or property through any misrepresentation.”
Professor Sue Guan Paper: https://papers.ssrn.com/sol3/papers.c... SEC Press Release: https://www.sec.gov/newsroom/press-re... Court Opinion: https://assets.bwbx.io/documents/user...
Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC
-
Use PATRICK activation code at http://nordpass.com/patrick to get a NordPass Business free 3-month free trial.No credit card is required.
-
FAIR USE FOR EDUCATIONAL PURPOSES
-
Mirrored From:
https://www.youtube.com/@PBoyle
-
25:57
DeVory Darkins
1 day ago $7.39 earnedNewsom suffers HUMILIATING SETBACK after FATAL Accident as Trump leads HISTORIC meeting
9.02K101 -
2:01:55
MG Show
19 hours agoPresident Trump Multilateral Meeting with European Leaders; Trump Outlines Putin Zelenskyy Meeting
8.12K19 -
10:59
itsSeanDaniel
1 day agoEuropean Leaders INSTANTLY REGRET Disrespecting Trump
6.81K13 -
8:16
MattMorseTV
15 hours ago $6.14 earnedTrump’s name just got CLEARED.
57.5K56 -
16:43
GritsGG
15 hours agoThey Buffed This AR & It Slaps! Warzone Loadout!
6.95K1 -
2:05:30
Side Scrollers Podcast
19 hours agoEveryone Hates MrBeast + FBI Spends $140k on Pokemon + All Todays News | Side Scrollers Live
101K11 -
11:06
The Pascal Show
13 hours ago $1.06 earned'THEY'RE GETTING DEATH THREATS!' Jake Haro's Lawyer Breaks Silence On Emmanuel Haro's Disappearance!
8.89K -
LIVE
Lofi Girl
2 years agoSynthwave Radio 🌌 - beats to chill/game to
383 watching -
2:19:32
Badlands Media
1 day agoDEFCON ZERO Ep. 005: False Flags, Cyber Fronts & Global Power Plays
146K59 -
2:35:23
FreshandFit
8 hours agoWhy Black Men Don't Date Black Women Debate
38.6K38