Posted on 01/14/2024 9:10:42 AM PST by Twotone
The Biden administration's Securities and Exchange Commission recently confirmed to Wired that it is investigating free speech video platform Rumble.
According to the Monday report, Wired filed a public records request in November seeking documents related to Rumble but was denied by the SEC due to the in-progress investigation.
While the agency did not provide any information regarding the nature of the probe, it stated that the existence of the investigation was not an indication that Rumble had done anything illegal.
The SEC's assistant general counsel for litigation and administrative practice, Melinda Hardy, told Wired, "We have confirmed with Division of Enforcement staff that the investigation from which you seek records is still active and ongoing."
Turning over the requested document to the news outlet "could be reasonably expected to cause harm to the ongoing and active enforcement proceedings because, among other things, individuals and entities of interest in the underlying investigation could fabricate evidence, influence witness testimony and/or destroy or alter certain documents," Hardy explained.
In a statement to Wired, Rumble spokesperson Rory Rumore stated that the SEC requested documents from the company, which it turned over voluntarily.
"We caution anyone from jumping to false conclusions about matters related to Rumble," the company said.
In a post on X, Rumble CEO Chris Pavlovski claimed that the SEC launched the investigation following a false report from a "short seller."
"The playbook to try and destroy $RUM [Rumble]," Pavlovski wrote. "A short seller creates a bogus report and sends it to the SEC. The SEC investigates the bogus report. Then the short seller talks to the media to get a story about how the SEC is investigating the report that started with him. The media happily writes the story."
"The report is bogus, but that doesn't matter — it's all to get investors to sell the stock so the short seller profits," he continued. "Good news, it won't work. We saw the attacks coming, and we prepared for them. Prior to going public, we chose to use Google Analytics to track and report our [monthly active users], so we could be ready for this very moment."
Pavlovski added, "This is just the start, they're coming for us in 2024. They can't stand Rumble's mission, but they are going to learn quickly how hard we punch back." Pavlovski noted that he is exploring the company's legal options.
According to Wired, investment research firm Culper Research released a report questioning Rumble's reported monthly active users.
"Combined, the web and app data suggest to us that Rumble has only 38 to 48 million unique users, and the Company has overstated its user base by 66% to 108%," Culper Research's report claimed.
The firm noted that it had taken a short position in the company and stood to profit if its stocks dropped.
Rumore denied claims that Rumble inflated the number of active monthly users and warned investors to be "especially dubious of rumors peddled by short sellers who are attempting to distort facts for their own financial benefit."
Biden Administration = Gaystapo.
"Show me the COMPANY and I'll find you the crime."
The enemy is going to do all it can to win. Anyone who thinks otherwise had better get out from under their rock and look around.
The only people really pushing back against this administration are the pro-Pali and pro-Hamas supporters. Truly sad.
I remember back a few years, when journalists would attack the 2nd Amendment. I warned them that the 1st Amendment was next.
Turns out they viewed it as less of a warning, and more of a recommendation.
“It’s not the quality of the evidence it’s the set of the crime”
Democrats in the past thirty years.
They are comin’for Rumble. No free speech for you America.
There is nothing we can do, and they know it. Lawfare is going to win massively for FedGuv. They have taxpayer money, and private industry can’t fend off infinite lawsuits. At some point the kitty dries up.
"Christian Lamarco is a short seller, whatever that means, but basically his particular short selling business is investigating corrupt companies and then betting against them on the stock market and releasing the research, and if it works he gets paid. Interesting."
So, this is another Democrat scam to try and silence the opposition while also lining their pockets. Truly vile people.
dah deemento king no like his subjects not sing his glory.
Last month Rumble was under constant DDOS attack … with the site being down off and on
Now this
By the way, Lou dobbs tonight now on Rumble 7pm eastern for those interested
https://rumble.com/c/LouDobbs
The filthy fascists in the biden administration are getting ready for the Final Assault on Trump, righteousness, and freedom of thought. Their targets are Twitter-X and Rumble, platforms where you can still find some truth.
Of course they did not do anything illegal. Does not mean you jerks won't trump (pun intended) up some bogus charge(s) against them.
The D.C. disciples of deceit are going after Rumble? What a hoot!
Neo Nazis all of them!
The firm noted that it had taken a short position in the company and stood to profit if its stocks dropped.
No conflict of interest there...
That's why Islam may win in the long term. They don't accept any crap from anybody. That is going to appeal to people and it will win them converts.
The only surprise is that it took the government this long to do it.
Pavlovski added, "This is just the start, they're coming for us in 2024. They can't stand Rumble's mission, but they are going to learn quickly how hard we punch back." Pavlovski noted that he is exploring the company's legal options.
The mighty men of Haman are rumbled just on the basis of the logo alone. Agitated by green hamantaschen:
Toss in that the sages say that Esther had a green complexion and no wonder there is a disturbance in the force.
Etymologically, according the James Strong, "Haman" הָמָן is at address 2001, so the neighbor across the street is 2000, hamam: הָמַם -- to move noisily, confuse, make a noise, discomfit, break, consume, crush, destroy, trouble, vex.
Hamam and Haman, so their mail probably gets mixed up. The Hamam family can roll with it, but Haman & Sons?
Filled with wrath.
Poor Haman, never understanding the inspiration behind his namesake treat.
As for the color, green pastry is made by adding green tea powder, matcha [抹茶].
This is not complicated. It's a living, real-time parable filled with all sorts of "random" facts, yet few ever catch on until it's too late because nothing ever... rings a bell.
Remember the man who was born named Israel Beilin? Wikipedia -- the Moab of the encyclopedia world -- informs us that "his music forms a large part of the Great American Songbook."
"And now we take great pleasure in presenting to you, the star of our program..."
(Notice what's actually "moving" across the screen during those words in italians. It's my job to observe these things and then point them out, at least until the little flyers earn their own wings.)
Kate Smith singing GOD BLESS AMERICA
From an earlier post about a special hovercraft:
And the old man said: "There will come a day when you will repay me in full, for your daughter will set free the imprisoned melodies."
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