In February 2023, someone kept buying SM Entertainment shares above HYBE's tender price until the bid collapsed. A Seoul court acquitted Kakao's founder last October. The appeal began this week, and the tape is still the witness.
South Korean regulators sent two alleged crypto market manipulators to prosecutors this week. One of them, they say, bought roughly half a token's global supply on foreign exchanges, then bled it out onto Korean screens where the buyers were waiting.
Federal prosecutors seized $19.5 million tied to two Hong Kong-listed shell companies whose share prices were run up on social media hype. In one of them, the buyers were not the buyers. They were someone using a financial advisor's stolen login.
A pseudonymous investigator points at a chart that climbed 537 percent on no news and asks who was holding the float. The answer, on-chain, is almost everyone in the room.
A retail investor in Phoenix watched a Citron Research tweet and shorted Roku alongside the man he trusted. Federal prosecutors say that man had already closed his position. The trial of Andrew Left begins this week.
By Mark Tell · May 11
Daily at 6AM Eastern
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Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.
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