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It was a Pump and Dump scheme by the 8 influencer on their internet platform.
By Loansbun || Dec 15, 2022
These influencer are based in California, Florida USA. They made themself as a Financial gurus
They have recommended a number of stocks to more than $1.5 Million users.
A case was filed by US Attorney officer in the District court of Texas U.S.
The security and exchange commision of USA that they have tracked $100 million by selling stock
They believed that these influencer made a money around $114 million by this fraud scheme.