OREANDA-NEWS  The Central Bank (CB) is dealing with new cases of market manipulation through Telegram channels, similar to those that led to the arrests in the PFL Advisors case. This was reported by Interfax with reference to Kirill Pronin, Director of the Financial Market Infrastructure Department of the Bank of Russia.

"We have several facts," said a representative of the regulator, adding that it was too early to talk about the results of the ongoing inspections. "This is not to say that they can be held in one month," Pronin explained. He noted that everything depends on the number of persons involved, as well as the number of transactions made.

This week, it became known about the detention of PFL Advisors employees, who, according to the Central Bank, manipulated the market using information distributed through Telegram. Law enforcement officers estimated the number of transactions made by the defendants in the case at 55,000.

"The dissemination of information through Telegram channels encouraging market participants to buy or sell financial instruments was an integral part of the coordinated activity of a group of individuals aimed at changing the current market prices of financial instruments in order to generate income from their transactions," the Central Bank said earlier.