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2208: Trading Games by Nick Maggiulli

Optimal Finance Daily - Financial Independence and Money Advice

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Introduction

The SEC filed suit against eight financial influencers from Atlas Trading, an online stock-picking community for manipulating their social media followers into buying and selling stocks. Since January 2020, the influencers earned approximately $100 million from their illicit trading activities,. making it one of the largest pump and dump schemes in American history.

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