The Department of Justice is reportedly the latest to turn upward the heat on terminal month's crazed markets.

Citing unnamed sources, the Wall Street Periodical reported on Thursday that the DoJ'due south fraud sectionalization and the San Francisco district attorney's office had launched probes into the brokers (read: Robinhood) and social-media platforms (read: Reddit) who were at the heart of wild bull markets on stocks similar GameStop and AMC weeks agone.

A number of agencies have announced that they are looking into market manipulation concerns. The Securities and Exchange Commission released a cryptic statement to that effect as GME stocks were still convulsing, while just this morning the SEC shut down all trading in SpectraScience stock, a firm that had become the subject to meme-fied trading despite beingness functionally dead for several years.

The WSJ also reports that the Commodity Futures Trading Commission has begun a similar probe into the silverish market, which spiked as trading on various stocks was shut down and internet interest dispersed.

Dissimilar the CFTC or the SEC, however, the DoJ handles criminal prosecutions, which carry the prospect of jail fourth dimension.

Congress is also getting involved in the matter, with the CEOs of Robinhood, investment manager Melvin Capital letter and hedge fund Citadel reportedly preparing to show before a Firm hearing scheduled for next Thursday.