Social media ramps enforcement actions
This library records 10 enforcement actions tagged social media ramps. A social media ramp is a coordinated posting campaign designed to drive attention and buying into a thinly traded security, so that the organisers can sell into the demand their posts created.
Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the social media ramps technique page.
- Actions
- 10
- Total penalties
- $426k
- Median penalty
- $213k
- Largest
- $230k
- Criminal parallel
- 40%
| Action | Agency | Filed | Penalty | Status |
|---|---|---|---|---|
| SEC v. Brett Rosen and others (social media ramps, 2026) | SEC | 2026-02-04 | — | filed |
| SEC v. David Banister, et al. (social media ramps, 2024) | SEC | 2024-12-10 | — | filed |
| SEC v. Michael M. Beck and Helen Robinson (social media ramps, 2024) | SEC | 2024-05-13 | $230k | judgment |
| SEC v. Jeremy Koski (social media ramps, 2023) | SEC | 2023-09-01 | — | filed |
| SEC v. Francis Sabo (social media ramps, 2023) | SEC | 2023-05-26 | — | settled |
| SEC v. Edward Constantin, et al. (social media ramps, 2022) | SEC | 2022-12-14 | — | filed |
| SEC v. Justin Costello and David Ferraro (social media ramps, 2022) | SEC | 2022-10-06 | — | filed |
| SEC v. Michael M. Beck, a/k/a @BigMoneyMike6, and Relief Defendant Helen P. Robinson (newsletter scalping, 2022) | SEC | 2022-02-07 | — | filed |
| SEC v. Steven M. Gallagher, a/k/a "Alexander Delarge" (social media ramps, 2021) | SEC | 2021-10-26 | — | filed |
| SEC v. Andrew L. Fassari (social media ramps, 2021) | SEC | 2021-08-27 | $195k | judgment |