SEBI Uncovers Sophisticated Pump-and-Dump Network Across Social Media Platforms
Market Integrity Under Fire The Securities and Exchange Board of India (SEBI) has launched a sweeping crackdown on a coordinated stock market manipulation scheme, barring seven individuals from trading after uncovering an alleged pump-and-dump operation involving 82 stocks. The regulatory action, finalized this week, exposes a sophisticated network that utilized Telegram channels and social media…