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Aug 22
11m 4s

The return of ‘pump and dump’ stock scam...

Financial Times
About this episode

EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. 


Mentioned in this podcast:

EU speeds up plans for digital euro after US passes stablecoin law

Justice department calls on Federal Reserve to sack governor Lisa Cook

‘I almost fell off my chair’: Investors lose billions on meme stocks as ‘pump and dump’ scams multiply


Sign up for the FT Weekend Festival at ft.com/festival and use the promo code “FTPodcasts” for 10 per cent off.


Today’s FT News Briefing was produced by Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry, and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.


Read a transcript of this episode on FT.com


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