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Complaint: Nikolai Safavi |
 | | Safavi, the individual who published the fake news item, had acquired a short position in SINA stock days earlier, so that he would profit if the price declined. |
 | | Safavi directly or indirectly, singly or in concert, has made use of the means or instrumentalities of transportation or communication in, or the instrumentalities of, interstate commerce, or of the mails, in connection with the transactions, acts, practices, and courses of business alleged in this complaint. |
 | | Moments after posting the false message, Safavi made several attempts to post corrective statements, but failed because he was unable to regain access to the screen name that he had used to post the false message. |
| www.sec.gov /litigation/complaints/comp18614.htm (975 words) |
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