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In a statement, the regulator said the search and seizure operation was carried out against seven individuals and one corporate entity at multiple locations in Ahmedabad and Bhavnagar in Gujarat, Neemuch in Madhya Pradesh, Delhi, and Mumbai. In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. I want a secure messaging app, should I use Telegram? Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. Although some channels have been removed, the curation process is considered opaque and insufficient by analysts.
from CN