Oct 23, 01:07 PM

Ryan Choi Settles SEC Charges for $1.8 Million Over Citron Research Fraud Involving Misleading Social Media Posts

Ryan Choi, an associate of Andrew Left from Citron Research, has agreed to pay $1.8 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC). The SEC accused Choi of negligently engaging in a scheme to defraud readers of Citron Research through misleading social media posts. The settlement comes in the wake of allegations that Choi, who was responsible for preparing the company's tweets, claimed they could significantly impact stock prices with just a single tweet. The case highlights ongoing scrutiny of social media's influence on financial markets.

#Ryan Choi #Andrew Left #Citron Research #SEC #Choi

Written with ChatGPT (GPT-4o mini).

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Betting Bruiser@BettingBruiser
2 years ago
Andrew Left’s associate Ryan Choi the person who prepared Citron Research’s tweets/posts is charged with fraud by the SEC. They bragged that they could send a stock tumbling with a single tweet. Smash & Grab 101. Now it looks as if Ryan Choi cut a deal.… https://t.co/9Cm9xy17bq
Bisnow@Bisnow
2 years ago
Retail Investor Convicted Of Fraud Involving Fake $77M Bid For WeWork https://t.co/PDsTOTwRfx
zerohedge@zerohedge
2 years ago
Citron Research Employee Settles Fraud Charges With SEC Over "Two Tweets" https://t.co/HZztU4uCh0

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Ryan Choi Settles SEC Charges for $1.8 Million Over Citron Research Fraud Involving Misleading Social Media Posts

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