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Crypto anger as speculators claim insider trading in Trump crash
- MBCook 1y agoI’m shocked! Shocked I tell you. How could there be insider trading in crypto involving Trump?
- treetalker 1y agoIndeed, how could crypto have any foul play afoot whatsoever?
- scrubs 1y agoIt's a mystery I tell you. We're having our best BEST people looking into it.
- allears 1y agoMy guess is Thiel
- dzhiurgis 1y agoDitto, he's an early whale.
- bediger4000 1y agoJoshua de Vos, of CoinDesk - didn't CoinDesk just finish firing some people who didn't use "AI"? Shouldn't the "AI" help them sus this out? This article does point out why securities markets try to thread the needle. If they allow insider trading, large numbers of investors/speculators won't enter the market - it's a guaranteed loss unless you're an insider. No new money enters the market, and there's not all that much profit to be made. If very strict insider trading rules are enforced, it's much much harder to make really gigantic profits. Mixed incentives.
- JumpCrisscross 1y ago> it's a guaranteed loss unless you're an insider. No new money enters the market Counterpoint: casinos.
- paulpauper 1y agoIf I had to speculate how this was done, it was a Truth Social employee who is able to read Trump's tweets ahead of time or as he is composing them. He then feeds info to accomplice.
- arthurcolle 1y agoYep or Barron Trump
- treetalker 1y agoI hear from a reputable source that he's really great with computers.
- treadump 1y ago...everything's computer
- dzhiurgis 1y agoTruth Social employs billionaires?
- paulpauper 1y agoread the second sentence. sends the information to someone else
- JumpCrisscross 1y agoCrypto has spent years lobbying against being regulated as securities. Guess what isn’t generally a crime in currency markets? Insider trading.