Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ

Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ

The Justice Department joins CFTC and SEC probes into wild markets facilitated by Robinhood and other apps for retail traders. The Department of Justice is reportedly the latest to turn up the heat on last month's crazed markets.Citing unnamed sources, the Wall Street Journal reported on Thursday that the DoJ's fraud division and the San Francisco district attorney's office had launched probes into the brokers (read: Robinhood) and social-media platforms (read: Reddit) who were at the center of wild bull markets on stocks like GameStop and AMC weeks ago. A number of agencies have announced....


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