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. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. False news often spreads via public groups, or chats, with potentially fatal effects. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. Despite Telegram's origins, its approach to users' security has privacy advocates worried.
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