Huge Fine from CMB to Person Who Manipulated Stock Market on Twitter

It is a regulatory and supervisory public institution that protects the rights of investors in Turkey and has administrative and financial autonomy. Capital Markets Board (CMB)continues its criminal sanctions against individuals or groups that mislead investors regarding the shares traded on Borsa Istanbul.

CMB, which has taken many steps in this regard recently, has shared information via social media. stock market manipulation He imposed a very serious fine on a person who was found to have committed the crime. In a written statement today, the institution said: @derinhisse Manages the Twitter account named Önder Tavukçuoğlu to a person named “He sold RYSAS shares immediately after giving buy or hold advice to his followers regarding RYSAS shares.” allegedly 1 million 175 thousand 29 TL He stated that a fine was imposed.

CMB imposes large fines on people who mislead investors on social media

Misleads investors in line with their own interests via Twitter and “buy or hold” recommendation It was reported that the person who sold immediately after giving the money had previously been fined four times by the CMB. 

Reported by Uzman Coin information according to CMBThis is not the first time it has imposed a fine for this reason. Last April, the Board Petkim Petrokimya Holding A.Ş. (PETKM) It also imposed a fine of 1 million 175 thousand 29 TL on a person named Harun Kahraman, who was determined to have misled investors on Twitter regarding the transactions carried out in its shares.

In addition, CMB has determined that individuals resident in Turkey have made leveraged transactions abroad via the internet. 38 websites He also announced that he initiated legal action to impose an access ban.