Swedish prosecutors suspect that a data breach led to the premature exposure of rumors of a dual listing for Sivers (SIVE) and triggered unusual stock price fluctuations.

PANews reported on May 30 that, according to Marketscreener, Jonas Myrdal, a prosecutor at the Swedish Economic Crime Agency, stated that the leak of a message on the social media platform X regarding Sivers Semiconductors (SIVE) considering a dual listing in the US, which was confirmed by the company in an official announcement approximately 48 hours later, was not a coincidence and highly likely involved information leakage.

Jonas Myrdal pointed out that the relevant information was released and continuously promoted on platform X by an anonymous account with approximately 200,000 followers before its official disclosure, subsequently causing the company's stock price to surge several times over in a short period. This pattern of behavior is similar to a previous case involving "pump-and-dump" manipulation, in which three people were convicted of serious market manipulation. He further recommended that the Nasdaq Stock Exchange investigate this incident and assess whether there was any violation of the EU's Market Abuse Regulation (MAR). Currently, the source of the leaked information is still under investigation.

Previously, "new stock market guru" Serenity posted on the X platform, seemingly recommending Sivers, and said that after further reviewing the latest earnings call of Sivers Semiconductors, he was optimistic about its prospects. The company's management said that "in a super cycle where demand far exceeds supply, it is not the right way to think about ecosystem partners as competitors," reflecting the current strong demand in the photonics industry. In addition, the photonics business pipeline has grown rapidly in the past five months, driving the overall revenue pipeline to grow by 77%.

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Author: PA一线

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