The case of Internet big V Ye Fei manipulating the stock market came to an end and he was sentenced

Mondo Social Updated on 2024-01-30

Recently, the Qingdao Intermediate People's Court released a number of typical criminal cases.

Internet influencers collude with others to speculate and manipulate stock prices——Ye's market manipulation case

Basic facts of the case

Ye knew that Liu and others were manipulating a listed company, and after collusion, it was decided that Liu would provide funds, and Ye would organize and personnel to investigate the listed company, publish a research report, and then contact Ye to hype the company's concept of developing advantageous industries, tricking investors into buying the company, and helping Liu and others make a profit of more than 2,900 yuan. Ye's behavior constituted the crime of market manipulation. In view of Ye's accomplice and confession, the Qingdao Intermediate People's Court sentenced him to three years in prison and a fine of 500,000 yuan for the crime of manipulating the market.

Typical significance

This case is a frequent case of "black mouth" market manipulation. In order to obtain illegal benefits, the persons involved in the case used their influence to hype up concepts, market hotspots, etc., through a variety of communication platforms, directly or indirectly recommending**, and then committing the crime of manipulating the market. This kind of crime deviates from the principle of free competition and supply and demand in the market, and is extremely harmful. The court reminded practitioners that they must strengthen their awareness of law-abiding and must not use their influence or popularity to undermine the normal trading order of the market. At the same time, the majority of small and medium-sized investors should keep their eyes open and not be misled, so as not to cause losses.

According to *** news, Ye is Ye Fei in this case. With the punishment landing, after more than two years, Ye Fei's case has officially come to an end.

Xiaoxiang Morning News Comprehensive Qingdao Intermediate Court, **

Breaking news and rights protection channel: the application market **"Chen**" client, search for "help" and go directly to the "Chenyi Help" platform with one click;Or call **0731-85571188. Special 19176699651 for government and enterprise content services.

Related Pages