Continuing its crackdown against entities allegedly involved in a front-running scam using messaging app Telegram, Sebi on Thursday carried out search and seizure operations at the premises of eight entities in multiple locations across the country. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. He adds: "Telegram has become my primary news source." In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies.
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