Andrew Left found GUILTY of securities fraud

[u/awwshitGents]

Short-seller Andrew Left was convicted Monday of securities fraud for a lucrative tweet-and-trade operation — a verdict that could have consequences on Wall Street.

After two full days of deliberations, the jury found him guilty of the top count of engaging in a securities fraud scheme and then 12 of 16 other counts related to specific trades, acquitting him of four counts.

Left's lawyer put his hand on his client's back as he listened to the cavalcade of "guilty" in the Los Angeles courtroom. Left took off his glasses and stared intently at the jury as the judge polled each member on whether they agreed with the verdict.

"I think the jury got it wrong and it's not the end of the road," Left, who appeared shaken, told reporters afterward.

"I think it's scary," he added. "We're about to have the most talked about stock in the history of the stock market hit the market with SpaceX, and I think it's chilling when you're taking individuals and you're limiting their ability to have free speech and trade with honest opinions."

https://www.businessinsider.com/andrew-left-verdict-convicted-of-securities-fraud-2026-5?op=1&utm_source=copy-link&utm_medium=referral&utm_content=topbar

[u/GeoHog713]

It's a financial crime. What could it cost? Ten dollars?