The previously mentioned "Entity" was known as a short seller. They created a market for a security that should have never been allowed to be traded then bludgeoned the price of MMTLP down using synthetic shares. This is called Naked Short selling. Trading of this security should have been allowed to trade. The price went from .50 cents to $12.50 on November 22rd 2022. This was all retail investors money. The SEC spent months reviewing the S1 filing and it was eventually approved. A day before FINRA decided to halt MMTLP in the 11th hour, the short seller used a method called a stop loss raid and dropped the price between December 7th to December 8th from $9.90 to a staggering $2.90.
The short sellers walked away with hundreds of millions of dollars if not billions.
These criminals need to be locked up.
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