Eight people connected to Atlas Trading, a Discord-based community, have been named in a complaint filed by the Securities and Exchange Commission (SEC). Co-founders of the forum, podcasters, and YouTubers are accused of stock manipulation. The lawsuit was submitted to the U.S. District Court for the Southern District of Texas on Dec. 13. The defendants are charged with breaking both Section 10(b) of the Securities Exchange Act and Section 17(a) of the Securities Act, according to the regulator. In the filing, the SEC says the accused individuals took significant positions in certain securities, advocated those stocks to their followers, and then sold their shares when demand increased as a result of their "deceptive promotions." The regulator alleges that the bloggers made profits of at least $100 million. The Commission is asking for a court order that would prevent defense attorneys from engaging in any of the actions listed in the complaint, which could essentially include giv...