Sharetrader Tyson “ASX Wolf” Scholz encouraged subscribers paying $1000 a head to load up on specific stocks before releasing information to a wider audience, a court has heard.
In a case examining how traders use social media such as Instagram and Discord, Mr Scholz is also accused of giving notice about buying shares to one subscriber dubbed “CommSec Queen” before other members of his special group.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au