PRNewsWire
20 Aug 2026, 14:00 UTC · 1d ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
Citadel Securities and Virtu Americas are facing a class action lawsuit alleging they engaged in illegal 'spoofing' to manipulate the price of Genius Group Limited (GNS) securities. — Allegations of systemic market manipulation by major market makers can lead to significant regulatory scrutiny, legal liabilities, and reputational damage.
-0.60The complaint alleges that Defendants used baiting orders to mislead market participants and inflate bid-ask spreads to benefit their own trading positions. — This describes a specific mechanism of fraud that, if proven, suggests a breach of market integrity and could lead to heavy fines.
-0.40The lawsuit claims that during one week in February 2025, Citadel and Virtu accounted for nearly 70% of off-exchange trading in GNS, coinciding with a 22% price drop despite no company-specific news. — Providing specific data points on volume concentration and price correlation strengthens the legal claim and increases the perceived risk of a settlement or judgment.
-0.30Continue reading
6 related stories
Top 1 mover · tap to explore
Which stocks this story touches
The company is the subject of a newly filed class action lawsuit.
The company is the subject of a newly filed class action lawsuit.
The company's stock was allegedly subject to price manipulation and spoofing, leading to a 22% price decline.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
How the impact breaks down
Where the story's weight lands
Stocks most exposed
Modeled from each name's sensitivity to this story
No stock impact ranking available yet.
