Good luck proving Reddit traders did anything illegal by pumping GameStop ...Middle East

As traders on Reddit’s WallStreetBets channel extol each other to send GameStop shares into the stratosphere, questions are growing about whether the rampage has crossed a line into stock manipulation.Big-time bankers and one famous day trader have, after all, been arrested for market distortions in recent years. But when it comes to Reddit and GameStop, proving manipulation would probably be extremely difficult, according to John Coffee, a law professor at Columbia Law School.To recap: The Grapevine, Texas-based seller of games and electronics is seen as a battleground between retail traders who swap ideas on Reddit and hedge funds that were betting on GameStop’s stock falling in value. Sha

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Good luck proving Reddit traders did anything illegal by pumping GameStop ...Middle East

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