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These administrators had built substantial positions in these scrips prior to the circulation of recommendations and offloaded their positions subsequent to rise in price of these scrips, making significant profits at the expense of unsuspecting investors, Sebi noted. Official government accounts have also spread fake fact checks. An official Twitter account for the Russia diplomatic mission in Geneva shared a fake debunking video claiming without evidence that "Western and Ukrainian media are creating thousands of fake news on Russia every day." The video, which has amassed almost 30,000 views, offered a "how-to" spot misinformation. 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. The picture was mixed overseas. Hong Kong’s 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 Frankfurt’s DAX surged 1.4%.
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» ☁ᴄʟøᴜᴅ ʙʟᴀᴄᴋ ᴘʀø ☄✨ 𝑺𝒆𝒋𝒂 𝑩𝒆𝒎 𝑽𝒊𝒏𝒅𝒐 (𝒂) 𝒂𝒐 𝑪𝒂𝒏𝒂𝒍 - 𝑪𝑳𝑶𝑼𝑫 𝑷𝑹𝑶 ©

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