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🇧🇷 Pᴏʀᴛᴜɢᴜᴇ̂s Tᴏᴛᴀʟ 🇵🇹

🇧🇷 Pᴏʀᴛᴜɢᴜᴇ̂s Tᴏᴛᴀʟ 🇵🇹 Telegram | DID YOU KNOW?

The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp. In a message on his Telegram channel recently recounting the episode, Durov wrote: "I lost my company and my home, but would do it again – without hesitation." 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. This provided opportunity to their linked entities to offload their shares at higher prices and make significant profits at the cost of unsuspecting retail investors.
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