India regulator cracks down on seven in social media stock manipulation case https://t.co/77QEvpzg9f https://t.co/77QEvpzg9f

By: ReutersTech

Published: 2026-05-23T16:02:20.656583Z

Last Updated: 2026-08-08T15:26:46.302263Z

Category: World

In a decisive move against financial malpractice, Indian regulators have targeted seven individuals linked to a social media-driven stock manipulation scheme. The Securities and Exchange Board of India (SEBI) has uncovered a network exploiting social media platforms to artificially inflate stock prices. These individuals allegedly coordinated to deceive investors by spreading false information, boosting their own financial gains. The crackdown highlights the growing challenge regulators face in monitoring digital platforms for financial fraud. This action underscores India's commitment to maintaining market integrity and protecting investors from fraudulent activities in an increasingly digital financial landscape.