Since you could time the release of the news, put options with relatively short expiry could get you a much larger windfall than shorting the stock. Regardless

Since you could time the release of the news, put options with relatively short expiry could get you a much larger windfall than shorting the stock. Regardless though I'm sure this would be illegal in several ways. Even if you don't hack them yourself, you're going to be responsible for sharing the info. (And if you're just worried about getting caught, I wouldn't be surprised at all if the FBI looks at suspicious trading surrounding an incident like that, which might be all that's needed to start them on your trail.)