Short-Seller Andrew Left Is Charged With Securities Fraud

US authorities says famed short-seller Andrew Left tried to make fast and easy money and committed fraud. He's charged with using his firm, Citron, to generate about $20 million in profits from illegal trading involving almost two dozen companies. Bloomberg's Bailey Lipshultz reports.
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[nateparentpoker]

He literally did this on your channel. Are you responsible as well? As well as CNN and Fox who also had andrew left on. Just funny how that’s not mentioned

[juantoolsdowork]

Doug cifu and ken griffin should be next

[youpick]

Ok.. So wheres the money that was stolen from retail investors?

[terryschwartz]

Bottom line is the authorities are starting to bring charges against people like this because the changing of the guard is coming and they don't want to look like they have been doing nothing. When in fact they have been sitting on their hands watching the criminality take place. Some will be without a job in the near fire for doing nothing.

[thegodhead]

“Less short sellers”? I’d bet there are more shares sold short now than any other time in the history of markets. I’d actually go even further and say there are more naked shorts now than there ever has been. Just because it isn’t publicized doesn’t mean it’s not happening.

[WvlfCvlt]

He's been doing this for years! and now the SEC is finally catching up with him?? What took them so long??

[Zero_ss]

People were saying this guy was doing exactly this like 7 years ago

[thesmokingman]

I never thought I'd see this lol, but they forgot to get Citadel too while they were at it. Dude needs the max sentence. Let's see if Gensler has any balls.

[JuliusEchoForever]

A short-seller charged with securities fraud? Imagine my surprise.

[wildwendell]

There is a lot of them doing same thing and worse

[stonersgym]

Feel free to get Chamath while you're at it. Talking up Tesla like there's no tomorrow while selling massively at the same time

[frank]

I wonder which hedge funds he was giving early information to? If they know Andrew Left was doing this they would have to know which hedge funds.

[coffeedonutsandhomer]

Nice! About time one of these financial frat boys got busted. Must have forgotten to pay a bribe or two to SEC, FINRA, DTC, CFTC.

[TuyenHuynh-clec]

He is not a short seller. He is a pump and dump schemer. He does it with long position as well.

[facts-GPT]

Hes going to squeal.... you can always tell the squealers 🃏

[jonduncan]

who were the hedge funds that paid him?

[YumboYack]

Now the SEC won’t let me be
Or let me be me so let me see
They try to shut me down on MSNBC
But it feels so empty without me

[Kelvins]

What about all the US congress members doing trades with inside information?

[sportsinvestinghobbies]

Basically he made a transaction whether a call or put and loaded up then gave financial advice that his customers and retail investors followed and he then jumped as soon as he made money !!!
Hedge funds and market makers heads are going to spin more - Ken griffin is next !!!

[jwass]

Now you guys care that’s interesting to and a half years of shorting the shit out of quality, American companies