“The defendants made use of social media to amass a large following of newbie traders and after that took advantage of their followers by frequently feeding them a gradual diet of misinformation, which resulted in fraudulent revenue of close to $100 million,” stated the SEC's Joseph Sansone, Main from https://financefeeds.com/new-york-sues-novatech-over-1-billion-copyright-pyramid-scheme/
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