[Russian Federal Security Service Cracks Down on Telegram Investment Channel Stock Manipulation] On April 14, the Russian Federal Security Service arrested three Telegram investment channel operators, accusing them of manipulating stock prices through the 'Pump & Dump' strategy during 2023-2024. The case involves over 55,000 illegal transactions across 19 major companies listed on the Moscow Exchange. Research from Moscow State University indicates that 11% of Telegram investment signals can influence stock returns, with over 60% of private investors relying on such signals for decision-making. The Russian Central Bank stated it will continue monitoring abnormal trading activities and warned that unlawful bloggers will face penalties. Experts recommend investors prioritize advice from licensed consultants.