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Telegram | DID YOU KNOW?
In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. READ MORE These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. 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. Despite Telegram's origins, its approach to users' security has privacy advocates worried.
from SG