4 ms·
Of course the hacks are illegal, he was asking whether using the data should be classified as insider trading.
by andrewchambers 11y ago
Of course the hacks are illegal, he was asking whether using the data should be classified as insider trading.
- RockyMcNuts 11y ago'Of course hacks are illegal', but paying someone to hack and profit from the inside information is OK? http://www.bloomberg.com/news/articles/2015-08-11/hackers-100-million-insider-trading-shop-sold-data-on-demand http://www.bloomberg.com/news/articles/2015-08-11/hackers-10... 'Insider trading' is trading on material nonpublic information that was inappropriately acquired from an 'insider'. There are situations that are gray areas but this does not appear to be one of them.