SEC Ends Investigation Into Rumble
The Securities and Exchange Commission (SEC) has concluded its investigation into Rumble, a popular free speech video platform, with a decision not to pursue any further action. The investigation, which drew considerable attention, was reportedly initiated following claims that Rumble had been manipulating its viewer data. These allegations, as noted by journalist Glenn Greenwald, were believed to be ideologically motivated, involving short sellers and other interested parties.
Rumble, which has gained popularity as an alternative to mainstream video hosting platforms, came under scrutiny after claims surfaced, suggesting irregularities in its data reporting. The SEC’s involvement sparked a debate about the motivations behind the investigation, with some suggesting that it was not solely based on financial concerns but also ideological differences.
Greenwald, known for his investigative journalism, highlighted the conclusion of the SEC investigation on social media, calling it a “huge win” for Rumble. He criticized the involvement of “scummy short sellers” and ideologically motivated individuals in spurring the investigation, suggesting that their claims were baseless.
