#SEC #DOJ #yahoofinance
Yahoo Finance’s Alexis Keenan discusses charges brought against social media influencers and a podcaster over their stock promotion scheme.
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They go after tiny fishes to make us believe they are protecting us. They are afraid to go after Ken Griffin. How can sell securities you do not own. $65 plus billions sold but not purchased. They only fine citadel for pennies compared to billions they make. I guess Ken Griffin bought protection in Washington.
This is ridiculous, I don’t think these ppl are doing anything more or less illegal than citadel, vanguard , black rock etc…
And a pedo*phile isn’t doing anything different than your mom and dad…see how that works??
They aren’t the same…one is wrong, the other is right…the different between right and wrong is us deciding what is right and what is wrong…when it comes to investing, we have licenses that FINRA gives people…these YouTubers don’t have the licenses but BlackRock and other companies do…the individuals who work at the companies also have the licenses…
Don’t just be saying stuff to say it
Yeah, but they aren’t in the club. Gotta be in the club. SEC isn’t going to hit Citadel hard enough for them to actually notice they keep it to light slaps on the wrist like half a billion. SEC is scared of Blackrock and Citadel If you watch Gary Ginsler being interviewed by Jon Stewart recently Gar-Bear admits any action against companies as big as black rock result in never ending legal battles. SEC doesn’t have the resources (money & staff) and feels their small resources are better spent fighting other battles.
@Sean P. Yup! Baked into the system. They keep them underfunded plus it’s a revolving door their so for every well meaning do gooder there’s 1-2 people hoping to keep themselves in the big names’ good graces and reap the rewards once they leave government “service”
@Fred M. bro….
@Damxn call the other guy out for making foolish/conspiracy statements…
I suggest they invest in FTX crypto
Twitter BS was allright until Musk took over.
She looks a tad like Lara Pulver.
Thank you s.e.c for removing these thugs
Finally. Step it up there are more out there…
8 down, 800,000 more to go LOL
007
YOu tube is filled with them kind……..Please.
Why arent the SEC and DOJ going after Congress and Senate for insider trading…………… They have been busted flat out and nothing done but SEC and DOJ will go after citizens………….UNBELIEVABLE
And how is this any different from what Elon Musk did with Dogecoin? Don’t expect him to get charged
Lmaooo SEC said these boys had the disclaimer “this isn’t financial advice” but that the boys intended it to be financial advice.
Tell your rap folks too, just because you say “we don’t condone violence” then rap songs praising violence, don’t mean the law won’t take a look.
💎
FINALLY
Someone got mad and ratted them out to the DOJustice and the SEC said hey! that is our job
and picked up the ball and ran with it.
I was in that discord. I’d like to thank whoever ratted them out and was recording the conversations.
IDK I followed a few of them sporadically and their Discord too and it always felt like they were transparent about the fact that they were penny pumpers and that you go in with them but when you get out is your responsibility. Their discord was full of trading books too, so a good source of knowledge. BUT what I’m guessing happened is what some of the other comments are alluding too: They may have had a calculated scheme to provide inflated price targets knowing full well that they’d be out long before the stocks hit those. What’s sad is if they’d been a bit more modest in their operations they could have stayed on the right side of the law and still had a lifestyle better than 95% of the people in the US. I guess the momentum and temptation was too strong though. Anyways, they’ll have their day in court and everyone deserves to defend themselves so we’ll see how culpable they were once the dust settles.
Doesn’t matter, they did something illegal for monetary gain and will be punish for that.
Brother, they acted as your friend. That’s how criminals work lol. You sound very innocent and they pray on people like you
Yup. I just commented in one VLOG and suddenly I get invited to a WhatsAPP number for possible investment (SCAM?). Other people may fall for this but I still am a true believer in PRODUCTIVE HARD WORK (no easy get rich schemes for me).
One name in this video hunts me 😔🧌✨🏴☠️👁🗨👏👏👏👏👏👏👏👏
do not listen to the people who write here. I am losing $41,000 and I have proof
The said part is that some people need to follow “influencers” to make life decisions.
TIME TO GO AFTER LOU VS WALL STREET . HE DELETED ALL THE EVIDENCE HE SCAMMED 80k subscribers
Wonder if we’ll wind up with the usual SEC result; I.e. a statement that an agreement has been reached where the eight don’t have to admit guilt but will pay back a portion of the money as a de facto licensing fee . Always seems to be the result when it’s a Wall Street brokerage firm or hedge fund getting caught with their latest ‘Get rich quick scheme’s. Some real consequences and some time in prison would be a pleasant change to the too cosy relationship between the SEC and America’s stock market firms.
What Gary should of done is stop them before they stole 100$ dollars. What Gary should of done is stop FTX!!!! The SEC waits for these morons to get rich so that they can pick up that cash
What about all the corrupt hedge funds. The conflict of interest. The shorting , ftds and dark pool abuse
Blame the idiots who buy stocks just because someone tells them to. They deserve to lose their money
All disclaimers are null, and void now, LOLOL.