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Telegram investment channel owner manipulates the stock market, Russian Federal Security Service takes action against "Pump & Dump"
ME News Report, April 14 (UTC+8), the Federal Security Service of Russia (FSB) recently arrested three Telegram investment channel operators, accusing them of manipulating stock prices through “Pump & Dump” strategies, involving over 55k illegal transactions in 19 large companies on the Moscow Exchange. Research from Moscow State University shows that 11% of Telegram investment signals can have a substantial impact on stock returns, and over 60% of private investors rely on such signals to make decisions. The Central Bank of Russia stated it will continue monitoring abnormal trading activities and warned that illegal bloggers will face “inevitable punishment.” Experts note that manipulative signals often feature emotional language, promise quick profits, and do not disclose risks; investors should prioritize advice from licensed advisors. (Source: ChainCatcher)