4 ms·

Insider trading laws are for the plebs. Tip off your cousin about an acquisition by a public company? Go to prison. Tip off your cronies about war? Business as

Insider trading laws are for the plebs. Tip off your cousin about an acquisition by a public company? Go to prison. Tip off your cronies about war? Business as usual.

leonidasrup 5mo ago
"The U.S. Department of Justice said Wednesday that it had charged 30 people allegedly linked with a decade-long insider trading scheme involving high-profile law firms." https://www.newsweek.com/premier-law-firms-spy-ring-11920914 https://www.newsweek.com/premier-law-firms-spy-ring-11920914
- guff_se 5mo ago
  Let me guess, these guys said something bad about Trump? Not that it means that they didn’t do it, just that they would not have gotten charged otherwise.
  - fny 5mo ago
    The list doesn't corroborate that. The international component seems important.
seany 5mo ago
Honestly, insider trading laws should be removed since they manipulate markets. If you know things, make moves that are public, that would price things _more_ accurately.
- tardedmeme 5mo ago
  It's easy to know something accurately when you are the one causing it.