What did they lie about under oath? From what I recall the whole saga was pretty much reddit gamblers blowing through a bunch of liquidity of the major brokers,

What did they lie about under oath? From what I recall the whole saga was pretty much reddit gamblers blowing through a bunch of liquidity of the major brokers, and triggering a bunch of big margin calls. There were no naked shorts or whatever other conspiracy theory reddit was spinning up, this is the kind of thing the SEC actually gets very angry about regardless of who's on the other side of the trade.