TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

SEC reportedly probing whether fraudulent social media posts boosted GameStop

13 pointsby tmamicover 4 years ago

3 comments

salawatover 4 years ago
I don&#x27;t think anyone but the institutions realistically can or should be able to be charged. Fraud requires reliance on the information. No one on social media was selling a product, and there was a very clear intent amongst many that while it may have been intended to hurt hedge funds, it was all about taking the stand.<p>That&#x27;s speech. WSB is not your or anyone&#x27;s agent in the long run. Now I&#x27;d like to know who was funding the Silver thing. If that can be traced back to a hedge fund or financial institution who should all know better than to do something like that, then you may have got a case.<p>If it was just the media and a woeful lapse in journalistic integrity... Well... Back to speech again.
koolk3ychainover 4 years ago
SEC reportedly probing whether fraudulent media posts were actively supporting the interests of huge hedge funds. Oh wait...
评论 #26020265 未加载
mssundaramover 4 years ago
This is very backwards, or at least only half of what they should be doing. Investigate the hedge funds!
评论 #26019879 未加载