5 ms·
don't think this is fraud. Oil refineries aren't lying about their oil production to the general public. It's the hedge funds' fault for relying on their locati
by AznHisoka 8y ago
don't think this is fraud. Oil refineries aren't lying about their oil production to the general public. It's the hedge funds' fault for relying on their location data.
- mateo1 8y agoI'm not sure about American law, but most of our laws have a term mentioning "... in Good Faith." These two words are pretty spectacularly effective in disarming you from all sorts of trickery.
- dchichkov 8y agoIt is market manipulation. In the United States it is prohibited under Section 9(a)(2) of the Securities Exchange Act of 1934. [1]. [1] https://en.wikipedia.org/wiki/Market_manipulation https://en.wikipedia.org/wiki/Market_manipulation