September 01, 2022
A California federal judge has issued a penny stock ban against a trader who allegedly netted $929,000 at one point in a fraudulent hype campaign on Twitter for a defunct cannabis company, but the judge stopped short of granting regulators' request for a permanent ban.
March 16, 2021
The U.S. Securities and Exchange Commission has taken action against a California-based stock trader who allegedly pulled a $929,000 profit with a fraudulent hype campaign on Twitter for a long-defunct cannabis company.