{
  "version": "https://jsonfeed.org/version/1.1",
  "title": "Market Manipulation: Chat group pumps enforcement actions",
  "home_page_url": "https://marketmanipulation.org/cases/technique/chat-group-pumps/",
  "feed_url": "https://marketmanipulation.org/feeds/technique/chat-group-pumps.json",
  "description": "The 3 most recent enforcement records tagged chat group pumps in the Market Manipulation library, each linked to its primary source. Tags are our classification, not the charges.",
  "language": "en-US",
  "items": [
    {
      "id": "https://marketmanipulation.org/cases/asic-25-315mr-chat-group-pumps-2025/",
      "url": "https://marketmanipulation.org/cases/asic-25-315mr-chat-group-pumps-2025/",
      "external_url": "https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-315mr-market-riggers-sentenced-in-asx-pump-and-dump-case",
      "title": "Market riggers sentenced in ASX ‘pump and dump’ case (ASIC, 2025)",
      "summary": "In December 2025 ASIC announced that Larissa Quinlan, Kurt Stuart, Emma Summer and Syed Yusuf had been convicted and sentenced in the Sydney District Court to intensive corrections orders of between 14 months and two years for the Telegram-organised ASX pump and dump, with fines on three of them and a pecuniary penalty order against Yusuf.",
      "date_published": "2025-12-22T00:00:00.000Z",
      "tags": [
        "ASIC",
        "chat-group-pumps",
        "pump-and-dump"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/asic-25-098mr-chat-group-pumps-2025/",
      "url": "https://marketmanipulation.org/cases/asic-25-098mr-chat-group-pumps-2025/",
      "external_url": "https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-098mr-asic-secures-guilty-pleas-in-telegram-pump-and-dump-action",
      "title": "ASIC secures guilty pleas in Telegram ‘pump and dump’ action (2025)",
      "summary": "In June 2025 ASIC announced that Larissa Quinlan, Kurt Stuart, Emma Summer and Syed Yusuf had pleaded guilty in the Downing Centre Local Court to conspiracy to commit market rigging and to dealing with proceeds of crime, arising from a Telegram group that promoted penny stocks to public channels in August and September 2021. Sentencing was still to come.",
      "date_published": "2025-06-10T00:00:00.000Z",
      "tags": [
        "ASIC",
        "chat-group-pumps",
        "pump-and-dump"
      ]
    },
    {
      "id": "https://marketmanipulation.org/cases/asic-24-161mr-chat-group-pumps-2024/",
      "url": "https://marketmanipulation.org/cases/asic-24-161mr-chat-group-pumps-2024/",
      "external_url": "https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2024-releases/24-161mr-charges-laid-in-alleged-telegram-pump-and-dump-conspiracy-following-asic-investigation",
      "title": "Charges laid in alleged Telegram ‘pump and dump’ conspiracy following ASIC investigation (ASIC, 2024)",
      "summary": "In July 2024 ASIC announced charges against Syed Yusuf, Larissa Quinlan, Emma Summer and Kurt Stuart over an alleged Telegram group that promoted penny stocks and sold into the buying. All four pleaded guilty to conspiracy to commit market rigging and were sentenced in the Sydney District Court on December 19, 2025 to imprisonment served as intensive corrections orders of 14 months to 2 years, with fines or a pecuniary penalty order.",
      "date_published": "2024-07-23T00:00:00.000Z",
      "tags": [
        "ASIC",
        "chat-group-pumps",
        "pump-and-dump"
      ]
    }
  ]
}