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The picture was mixed overseas. Hong Kongās Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurtās DAX surged 1.4%. However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. Anastasia Vlasova/Getty Images Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durovās position "very weak," and urged concrete improvements. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips.
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