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Snapchat Threatens Employees with Jail as Facebook Lets It Starve
- sin9yt 9y agoLol that's worse.
- siruncledrew 9y agoSnap's investors must be pretty pissed as well that employee leaks flush money down the toilet for them.
- bob_theslob646 9y agoThis title is referring to insider trading and since snap is a publicly traded company inside the United States, those laws apply to them and are enforced for SEC. The statement was simply trying to inform that their are consequences for their actions. If you want to see something interesting how about how they crack down, check out how the SEC investigated/cracked down Seeking Alpha. (https://www.barrons.com/articles/touts-used-seekingalpha-other-sites-to-pump-and-dump-stocks-sec-1491933629 https://www.barrons.com/articles/touts-used-seekingalpha-oth...) This is what snap said to employees. >If you leak Snap Inc. information, you will lose your job and we will pursue any and all legal remedies against you. And that’s just the start. You can face personal financial liability even if you yourself did not benefit from the leaked information. The government, our investors, and other third parties can also seek their own remedies against you for what you disclosed. The government can even put you in jail.
- meredydd 9y agoQuoting a large section of the email verbatim was not a smart move. I'm giving this at least 50% odds of being a leak-tracing exercise. It's common practice to send an oh-so-leakable message like this with per-recipient variations of wording/spaces/non-printable characters, and wait for it to leak so you can identify the leaker. And this email is (a) suspiciously juicy, (b) in reaction to a prominent recent leak, and (c) doesn't actually reveal anything private... (Example from a few years ago: http://gawker.com/5164035/tesla-ceo-in-digital-witch-hunt http://gawker.com/5164035/tesla-ceo-in-digital-witch-hunt)