JackedUp

[Ann Vandersteel™️ @annvandersteel]

Heads up District of Criminals:

One of your own sees how dirty you ALL are.

US Bankruptcy Trustee and an aggrieved investor go after the Wolves of Wall Street.

Stay tuned…. More coming.

#MMTLP

[X Market News🚨 @xMarketNews]

LAWSUIT AGAINST CITADEL, ANSON FUNDS, VIRTU🚨

EVERYONE SHOULD SHARE THIS

$MMTLP $GME $GNS $AMC

[kristen shaughnessy @kshaughnessy2]

Hearing there is an emergency meeting on a Sunday morning because this filing has made those named very nervous???

@kimkep4796 @palikaras

[Stephanie @stephmase22]

Great space @gbchanssey

I think it is absolutely amazing that @johnbrda @palikaras support the MMTLP community and are in there fighting along side the Shareholders.

Also IMO if the SEC could charge them with anything they would have done that already.
So they could pass the blame to them instead of the unchecked corruption they turn a blind eye to.

The SEC is concealing evidence for a reason. IMO that is because the MMTLP could expose everything and take the corrupt system down.

The Trustee Christina W Lovato is a Warrior and what she is doing in the MMAT MMTLP Bankruptcy case is UNPRECEDENTED‼️

[George Palikaras @palikaras]

Document 2931.

On August 7, the Chapter 7 Trustee for Meta Materials filed a 62-page adversary complaint against Citadel Securities, Virtu Americas, and the Anson funds. I have now read it three times, along with both exhibits.

It is a huge contribution to the record and it includes five unprecedented items. It is not a cheque.

Here is my honest assessment and thoughts, what is actually new and who should care, not legal advice.

To get my message across to the market “experts” who will be quick to respond to this thread… I will be REPEATING some complex findings/arguments in multiple ways and tone (with potentially some cynical commentary)… this will NOT be brief, I am not your friend or your employer… you will need to read it all and do your research to address me, or quit and consider your life choices such as for selling your souls to those who use you as mouthpieces to spread your cancer in public (posts and spaces) while using fake or anonymous accounts that your purge every time you get told to rinse and repeat.

Case: Christina W. Lovato, as Chapter 7 Trustee of the Bankruptcy Estate of Meta Materials Inc.; and Doug Collins, individually and on behalf of all others similarly situated v. Citadel Securities LLC, Virtu Americas LLC, Anson Funds Management LP, and Anson Advisors, Inc.

Forum: United States Bankruptcy Court, District of Nevada, adversary proceeding in In re Meta Materials Inc., Case No. 24-50792-gs (Chapter 7)

Filed: August 7, 2026 — Doc. 2931, entered 10:40:58

Class period: June 28, 2021 through August 20, 2024

———————-/

At the highest level:
a Chapter 7 trustee, a fiduciary with subpoena power under Rule 2004, with a statutory duty to investigate claims against former officers and directors, and EVERY economic incentive to find them, has told a federal court under Rule 11 that Meta Materials was a real company destroyed by third-party manipulation.

Paragraph ¶30 recites the $160 million and debt-free balance sheet without qualification. Paragraph ¶57 pleads “a steady stream of positive news.” paragraph 57 and the following paragraphs, treat Nanotech, the central bank contract, and the strategic acquisitions as genuine value. Nothing in the pleading alleges issuer misconduct.

The Trustee had two years and full access to the books, and she sued Citadel, Virtu and Anson. That is a materially different narrative what we have seen to date.

[George Palikaras @palikaras]

When looking to understand what has been filed this week by the MMAT Trustee I thought it would be a good idea to look at some Background context. ALL 3 named defendants in the complaint, Citadel , Anson Funds and Virtu, have had some interesting dealings with the SEC, ON THE RECORD and all ONLY in the last 3 years.
Here are some quick highlights and sources:

1. Citadel Securities: the @SECGov issued an administrative order on September 22, 2023. The Commission found that Citadel Securities "willfully violated Rule 200(g) of Regulation SHO," censured the firm, imposed a cease-and-desist order, and levied a $7 million penalty.
- Over FIVE YEARS an estimated MILLIONS of sell orders were mismarked, and the inaccurate data was provided to regulators including the SEC (source: SEC Order 34-98482 https://t.co/VTxpk1JBPZ and press release https://t.co/wQ3s3w8o30 ).

2. Virtu Americas: final consent judgment entered in S.D.N.Y. on December 2, 2025. Virtu Americas is now PERMANENTLY enjoined from violating Section 15(g) of the Exchange Act and paid a $2.5 million penalty, without admitting or denying (source: Reuters https://t.co/vjSTX6mflB; and Virtu's own 10-Q disclosure https://t.co/48j8kT1bS9).
- Worth knowing the procedural history: the SEC's fraud claims under Securities Act §§ 17(a)(2) and (3) SURVIVED a motion to dismiss, then Judge Koeltl denied the motion in its entirety from the bench in August 2024, and the SEC then voluntarily dropped them in settlement (source: https://t.co/24NTxlHdMg) .

3. Anson Funds Management and Anson Advisors: SEC order, June 11, 2024. The Commission found Anson Advisors WILFULLY violated Advisers Act § 206(4) and Rule 206(4)-8, and Anson Funds willfully violated §§ 204 and 206(4) and Rules 204-2(a), 206(4)-7 and 206(4)-8. Censure, cease-and-desist, $2.25 million combined.
- The conduct: coordinating with activist short publishers on the timing of bearish reports, trading around publication, and routing $1.1 million in profit-sharing to a publisher through a third-party intermediary via invoices for research services that were never performed (sources: SEC Order IA-6622 https://t.co/5FkhmWH5DQ ; SEC summary https://t.co/6nO32VJzox).

I think these offer valuable context when reading through the MMAT complaint.
more to follow...

[KKep @kimkep4796]

🚨⚖️ META MATERIALS — THIS ONE IS BIG ⚖️🚨
📄 Docket No. 2931 | Filed August 7, 2026
⚠️ Allegations only—not yet proven. Not legal advice.

🔥 TRUSTEE-LED FEDERAL SECURITIES CLASS ACTION

This is not merely an individual shareholder lawsuit. Meta Materials, through Chapter 7 Trustee Christina Lovato, is a lead plaintiff, together with shareholder Doug Collins.

The Trustee is suing on behalf of the Meta Materials bankruptcy estate and a proposed class of investors who traded Meta securities between June 28, 2021 and August 20, 2024. Any estate recovery would become bankruptcy-estate property.

🎯 DEFENDANTS

Citadel Securities LLC
Virtu Americas LLC
Anson Funds Management LP
Anson Advisors, Inc.

💣 MAJOR ALLEGATIONS

The complaint alleges:

Market manipulation and spoofing
Illegal and/or abusive naked short selling
“Short and distort” trading
Artificially depressing MMAT’s share price
Widening bid-ask spreads and increasing investors’ costs
Anson trading with alleged material nonpublic information

“This fraudulent scheme…enriched Defendants while devastating Plaintiffs and investors.”

“Innocent market participants…[were left] holding the bag.”

📊 STAGGERING NUMBERS

According to the complaint:

44,002 alleged baiting orders
At least 42,058,275 shares
21,092 alleged spoofing episodes
Activity on 730 of 792 trading days—approximately 92%
Citadel: 17,983 alleged episodes, up to 311 in one day
Virtu: up to 101 in one day
39 trading days allegedly saw spoofing accompanied by price declines exceeding 10%

“Defendants’ manipulative trading was profound and pervasive.”

🔎 ANSON ALLEGATIONS

The complaint alleges Anson received confidential notice of Meta’s April 2023 offering after being “brought over the wall,” and then:

Shorted 1,252,570 shares at approximately $0.51
Purchased 17,333,335 shares directly from Meta at $0.30
Received 17,333,335 warrants
Bought approximately 20.8% of the offering
Closed its earlier short using the identical share amount
Later covered 5,269,484 short shares during the window that allegedly reset its warrants to a $0.076 floor

“And this is exactly what the Anson Fund Defendants did.”

⚖️ FOUR CIVIL CLAIMS

These are civil claims—not criminal charges:

Section 10(b) and Rule 10b-5: Securities fraud and market manipulation against all defendants
Sections 9(a)(2) and 9(e): Manipulative trading against all defendants
Section 10(b): Insider trading under the misappropriation theory against Anson
Section 20A: Contemporaneous insider-trading liability against Anson

💰 DAMAGES

The complaint does not yet state a final loss amount. It seeks:

Compensatory damages jointly and severally
Disgorgement of Anson’s alleged profits or losses avoided
Interest, attorneys’ fees and expert costs
A jury trial

Damages will be determined through expert analysis and proven at trial.

🚨 BOTTOM LINE

The Chapter 7 Trustee has placed the Meta Materials bankruptcy estate at the center of a proposed federal securities class action against Citadel, Virtu and Anson.

The Trustee alleges that MMAT investors—and Meta itself, when it issued and sold securities into an allegedly manipulated market—were directly harmed by trading misconduct occurring on approximately 92% of the trading days examined.

https://t.co/Tw3AejTrIP

https://t.co/P8RNj6vRFO

https://t.co/yDQR85McgQ

[kristen shaughnessy @kshaughnessy2]

MMAT Trustee Drops Bomb on Citadel, Virtu & Anson

“…The Chapter 7 Trustee has placed the Meta Materials bankruptcy estate at the center of a proposed federal securities class action against Citadel, Virtu and Anson.

The Trustee alleges that MMAT investors—and Meta itself, when it issued and sold securities into an allegedly manipulated market—were directly harmed by trading misconduct occurring on approximately 92% of the trading days examined….”
@kimkep4796

@palikaras @johnbrda
MMAT MMTLP TRCH

[JunkSavvy @JunkSavvy]

🚨🚨META MATERIALS BK TRUSTEE FILES CLASS ACTIONS LAWSUIT AGAINST CITADEL, VIRTU AND ANSON FUNDS ALLEGING MARKET MANIPULATION, SPOOFING, NAKED SHORTING🚨🚨

GROK BREAKDOWN...
Class Action Complaint (Doc. 2931) in In re Meta Materials Inc., Case No. 24-50792-gs (Bankr. D. Nev.), filed August 7, 2026. @Metamaterialtec

This is a securities class-action complaint brought by Christina W. Lovato (Chapter 7 Trustee of the bankruptcy estate of Meta Materials Inc.), Meta Materials Inc. itself, and Doug Collins (individually and on behalf of a proposed class). It is filed as an adversary proceeding in the company’s Chapter 7 bankruptcy case in the U.S. Bankruptcy Court for the District of Nevada. A jury trial is demanded.

💥CORE ALLEGATIONS💥
Plaintiffs allege that Defendants engaged in a multi-year scheme of manipulative and illegal trading in Meta Materials (a nanomaterial/nanotechnology company) securities during the Class Period of June 28, 2021, through August 20, 2024. The scheme artificially depressed the stock price, widened the bid-ask spread, increased volatility and transaction costs, and caused investors (and the company/estate) to sell shares at depressed prices or suffer other losses.

💥PRIMARY PRACTICES ALLEGED💥
Spoofing: Submitting large “baiting” (non-bona fide) sell-side or dual-sided orders and quickly canceling them (often within seconds) to create a false impression of excess supply and/or excessive volatility, inducing other market participants to sell at lower prices. Specific timed examples are provided for Citadel (e.g., June 29, 2021; Sept. 1, 2021; Jan. 4, 2022; June 1 & 24, 2022) and Virtu (e.g., Jan. 21, March 1–2, May 17, 2022).

Naked short selling / failures to deliver (violations of Regulation SHO), which further artificially increased apparent supply.

For the Anson Fund Defendants: manipulative short-selling around the company’s securities offerings (“shorting and distorting”), plus related conduct.

Broker-Dealer Defendants (as market makers/gatekeepers) allegedly had duties under federal securities rules to monitor order flow and refrain from facilitating illegal trades, yet submitted massive volumes of spoofing orders that distorted supply/demand perceptions and destroyed investor value. Regulators had previously sanctioned the Defendants for related market-manipulation or short-selling violations (e.g., SEC fines against Citadel totaling tens of millions; Anson settlement in 2024 involving undisclosed coordination with activist short publishers).

💥DEFENDANTS💥
Broker-Dealer Defendants: Citadel Securities LLC and Virtu Americas LLC.

Anson Fund Defendants: Anson Funds Management LP and Anson Advisors, Inc.

💥CAUSES OF ACTION💥
Count I: Violation of Section 10(b) of the Exchange Act and Rule 10b-5 (against all Defendants).
Count II: Violations of Sections 9(a)(2) and 9(e) of the Exchange Act (market manipulation; against Defendants).
Count III: Section 10(b)/Rule 10b-5 under the misappropriation theory (against Anson Fund Defendants).

Count IV: Violations of Section 20A of the Exchange Act (against Anson Fund Defendants).courtlistener.com

💥RELIEF SOUGHT💥
Class certification; compensatory damages (joint and several) in an amount to be proven at trial (plus interest); costs, reasonable attorneys’ fees, and expert fees; and other just and proper relief.

The complaint relies on trading-data analyses, public information, prior regulatory findings, and economic studies on the market-quality harms of spoofing (increased volatility, wider spreads, slower price discovery, lower returns). Plaintiffs assert a presumption of reliance and plead loss causation. Further discovery is expected to yield additional support.

💥COMPLAINT: https://t.co/cAhfgUDJCz
💥AMENDMENT 1: https://t.co/dyURRpHoKX
💥AMENDMENT 2: https://t.co/h2e9jSgS57

MMTLP MMAT TRCH NBH

[JunkSavvy @JunkSavvy]

@cvpayne, you might want to cover this one. It's a bit different...MetaMaterials' BK Trustee joins shareholders in class action lawsuit against Citadel, VIRTU and Anson Funds, AFTER 2004 investigation. Get your🍿🍿🍿ready!!!

@palikaras @JWesChristian would be fantastic interviews!!!

Thank you for your support of The MMTLP Army. You were there for us on Day 3...vindication coming!!!

MMTLP MMAT TRCH NBH

[JunkSavvy @JunkSavvy]

🚨TRADESTATION DELIVERED MORE DIVIDEND SHARES TO INVESTOR ACCOUNTS THAN ALLOTTED FROM THE NBH TRANSFER AGENT.

According to @nbhydrocarbons PR dates 7/28/2026, @TradeStation had 406 shares in their bulk certificate on the dividend record date 7/8/2056. This entitled Tradestation to 13.533 certificate-backed dividend shares. Image below confirms, Tradestation delivered 20 "dividend shares" to shareholder. #SecuritiesFraud

Transcripted call with Tradestation Manager stated that Tradestation had no intention of purchasing certificate-backed shares to cover dividends or other uncertificated shares held in customers' accounts unless the @SECgov made them. Manager claimed, @SECgov @SECPaulSAtkins were fully aware.

When does the fraud end???
MMTLP MMAT TRCH NBH
@POTUS @SecScottBessent @FBIDirectorKash @ODNIgov @pulte @timburchett

[JunkSavvy @JunkSavvy]

Did @RepDonaldsPress interfere in a Congressional Inquiry into The MMTLP Fiasco by telling other Congressional Offices to stop issuing letters of inquiry on behalf of defrauded investors to the @SECgov @FINRA??

The same Byron Donalds who is rumored to have received $10M in campaign funding from @Citadel's Ken Griffin???

The same Citadel that aggressively fought subpoenas demanding trading data regarding MMAT MMTLP TRCH in Meta's BK proceeding???

The same Citadel's whose lead counsel stated in court, "And why do they want to know whether our client caused a spike? Because they want to name us as a defendant in the lawsuit."
~Peter Fountain, for Citadel/VIRTU/Anson.

THAT BYRON DONALDS??? SHOCKER. 🙄

WE ARE NOT GOING AWAY!!! #Relentless
MMTLP MMAT TRCH NBH

[BusyBrands 🇺🇸 @busybrands]

How can the @FinancialCmte House Financial Services Committee hold Wall Street accountable when members like Rep. Byron Donalds (@ByronDonalds ) accept massive donations from hedge fund titans such as Ken Griffin?

According to a staff member for one of the congressional signers, Rep. Donalds' office sent a memorandum to the other 73 members of Congress who signed the original Open Letter regarding the MMTLP financial scandal, advising that no further letters should be published.

The $MMTLP community and retail investors everywhere deserve answers and unbiased leadership—not political conflicts of interest.
Floridians should not trust or vote for Rep. Donalds for Governor. Instead, they should support Paul Renner (@Paul_Renner), a U.S. military veteran who truly cares about veterans and will deliver real results rather than lip service.

[JunkSavvy @JunkSavvy]

TRADESTATION PROOF OF FRAUD TIMELINE:
✅Nov. 7, 2023 ~ Tradestation (TS) releases emails to customers denying transfers of Next Bridge Hydrocarbon (NBH) shares to the issuer's transfer agent (EQ) "because the shares are NOT BACKED BY A PHYSICAL CERTIFICATE."
💥There is a recording too!!!...
https://t.co/qtltCbMgvF
✅Jan. 3, 2024 ~ @johnbrda posts that TS had approx. 400 NBH shares left in their bulk certificate at EQ.
✅Jan. 5, 2024 ~ NBH Shareholders validated that 123,934 shares of NBH (formerly MMTLP) were currently held by just 73 shareholders in accounts, in street name, at TS.
✅June 24, 2026 ~ NBH announces a "1 for 30" Share Dividend. Record Date: July 8, 2026. Distribution Date: July 22, 2026.
✅July 22, 2026 ~ EQ distributed NBH dividend shares.
✅July 28, 2026 ~ NBH confirmed distribution of shares by EQ on July 22, 2026, and posts bulk cert allotment list, current as of dividend record date July 8, 2026.
List indicated TS had 406 shares in their bulk cert on July 8, 2026, which entitled Tradestation to just 13.333 dividend shares for the entirety of shares in street name at the broker.
💥123,934/30 shares=4,131.133 divi shares💥
✅Aug 6, 2026 ~ After a nearly 3 weeks delay, TS distributes "dividend shares" to clients' accounts.
💥Distributed dividend shares are multiple times the dividend shares allotted by the EQ.💥
✅Unspecified Date Near Future ~ Another TS email claiming they cannot trasnfer shares because "THEY ARE NOT BACKED BY CERTIFICATE"!!!

⁉️TRADESTATION, WHY DID YOU DISTRIBUTE UNREGISTERED, COUNTERFEIT SECURITIES TO YOUR CLIENTS!!! #IYKYK #SecuritiesFraud

Welcome to The MMTLP Fiasco. Where fraud knows no bounds, and @SECGov @FINRA enable the behavior.

MMTLP MMAT TRCH NBH @nbhydrocarbons
@POTUS @SecScottBessent @FBIDirectorKash @ODNIgov @pulte @timburchett

[Rare DD @RareDealsHere]

At about the 10 minute 47 second mark, @RepRalphNorman basically says that the company defrauded it's investors in reference to MMTLP, and that's just the risk we face when investing on the OTC.

Nevermind that MMTLP wasn't supposed to trade, let alone on the OTC. @johnbrda @palikaras

[George Palikaras @palikaras]

For decades, governments have relied on one assumption:

- Nobody has enough time to connect every dot.

AI just changed that, not because it knows more, because it remembers more.

Congressman Norman recently said he did everything he could for #MMTLP investors.

I BELIEVE HIM.

Now he’s seeking a seat in the United States Senate. The Senate has even greater oversight responsibilities.

This isn’t about one company.

Or one stock.

Or one regulator.

It’s about a simple question:

- What story emerges when every public record is read together instead of one document at a time?

Funny thing about legal proceedings…

Sometimes the opening chapter is mistaken for the whole book…

Occasionally, a few thousand pages arrive later and the plot becomes… awkward. 🍿

Today it’s #MMTLP.

Yesterday it was #XRP #GME etc

Tomorrow it WILL be another public issuer.

Different tickers.

Same questions:

1. What did regulators know?
2. When did they know it?
3. What do the public records actually show?

FOIAs, Subpoenas, Rule 2004, Court filings,
Congressional correspondence, etc documents gives us facts… AI gives us memory.

That’s the problem @BlueLedgerAI is trying to solve.

Now imagine connecting it all…

SEC emails + Congressional correspondence + Court filings + Exchange notices + Corporate Actions + Press releases + Trading timelines + Trading data etc

…into ONE searchable, (and Daubert-actionable) chronology. That’s no longer science fiction.

Washington and Wall Street may soon discover how powerful that combination can be.

And Senate oversight and Regulators may soon have a capable research assistant.

If Congressman @RalphNorman is elected to the Senate, I hope he’ll continue asking the oversight questions he raised as a Representative.

We would be pleased to provide his office, and any Senate office, with the same public-record BlueLedger briefing.

Of course no AI can ever tell Congress or the Senate what to think. But, it CAN help Congress remember what happened in the public markets arena.

Oversight is only as good as memory.
For the first time in history, memory scales.

I have always found August to be an excellent month for reading 🤘⚖️🦅

[Jackson Gosnell @jacksongosnell]

I asked about MMTLP since everyone wanted to know. Will post tonight.

[Jackson Gosnell @jacksongosnell]

@OknowsFutbol Yes I did!

[McGregFTW @OknowsFutbol]

🚨 CONFIRMED! 🚨 @jacksongosnell delivered on asking @RalphNorman about #MMTLP! 💯 STAY TUNED! 🙌

[Kurtis @bleedblue18]

We know “unnamed” brokers have already acknowledged potential fulfillment issues in addition to TradeStation’s statement.

We know the SEC was made aware of these fulfillment issues because their senior leaders were key contributors in the meetings/emails.

Pressure needs to be applied on the SEC to enforce the rules that already exist. It’s that simple.