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Day Trader Made $1.1M Off Spreading Fake Rumors, SEC Says

By Emilie Ruscoe ( February 16, 2023, 11:01 PM EST) -- The U.S. Securities and Exchange Commission has accused a purported day trader in Georgia of playing a pivotal role in a scheme to manipulate trading prices for public companies by disseminating false rumors to his financial markets networks, profiting illegally to the tune of at least $1.1 million....

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