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Australian finfluencer sentenced to prison and fined for market manipulation

A reflection of a man is seen as an electronic board displays stock information at the Australian Securities Exchange.
Photo: Getty Images

Martina Lindberg

3 min read
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‘Fibonarchery’ was sentenced to 2.5 years imprisonment in a first ever sentence of its kind.

The finfluencer Gabriel Govinda, also known as ‘Fibonarchery’, was earlier this month sentenced to two and a half years imprisonment after pleading guilty to 23 charges of manipulating shares listed on the Australian Securities Exchange, and to 19 charges of illegal dissemination of information regarding set manipulation.

Sarah Court, Deputy Chair of

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