CBR - Central Bank of the Russian Federation

04/13/2026 | Press release | Archived content

(Market Misconduct) Facts of market manipulation using information disseminated via Telegram channels established

The Bank of Russia has established facts of market manipulation in on-exchange trading of the Moscow Exchange for securities of a number of issuers. The transactions were carried out on personal accounts of individuals related to the activities of PFL Advisors, which administered the Telegram channels RynkiDengiVlast | RDV (MarketsMoneyPower), Signaly RCB (Signals of the Russian Securities Market) and Volk s Mosbirzhi (Wolf from the Moscow Exchange) (hereinafter, the Telegram channels). The dissemination of information via the Telegram channels encouraged market participants to buy/sell financial instruments. This was part of coordinated activities of a group of individuals aimed at changing current market prices of financial instruments to generate income from their transactions.

Following its investigation, the Bank of Russia qualified the actions of these individuals as market manipulation in accordance with Clause 2 of Part 1 of Article 5 of Federal Law No. 224-FZ, dated 27 July 2010, 'On Countering the Misuse of Insider Information and Market Manipulation and Amending Certain Laws of the Russian Federation'.

The Bank of Russia has sent binding orders to the mentioned individuals to cease and desist from similar violations in the future and suspended transactions on their trading accounts.

The materials of the investigation have been submitted to law enforcement authorities.


The reference to the Press Service is mandatory if you intend to use this material.

13.04.2026 10.21.00

CBR - Central Bank of the Russian Federation published this content on April 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 15, 2026 at 13:09 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]