Joshua 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.
If 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.
Crypto has spent years lobbying against being regulated as securities. Guess what isn’t generally a crime in currency markets? Insider trading.
Joshua 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.
> it's a guaranteed loss unless you're an insider. No new money enters the market
Counterpoint: casinos.
I’m shocked! Shocked I tell you. How could there be insider trading in crypto involving Trump?
Indeed, how could crypto have any foul play afoot whatsoever?
It's a mystery I tell you. We're having our best BEST people looking into it.
My guess is Thiel
Ditto, he's an early whale.
If 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.
Yep or Barron Trump
I hear from a reputable source that he's really great with computers.
...everything's computer
Truth Social employs billionaires?
read the second sentence. sends the information to someone else