Comment by pants2
1 day ago
Couldn't that be said of stock markets and any markets?
United Healthcare stock dropped 10% immediately after its CEO was killed.
1 day ago
Couldn't that be said of stock markets and any markets?
United Healthcare stock dropped 10% immediately after its CEO was killed.
Well, there are laws against insider trading.
Prediction markets advertise insider trading as a feature, and enforcement of financial crimes is a racket anyway. If you know the right people, make the right campaign contributions, laws just don't apply to you.
this kind of cynicism is malignant
3 replies →
Is shorting a company and then murdering its CEO considered insider trading in your jurisdiction?
That wouldn't be insider trading; in fact unless the CEO's death was known to insiders, it almost by definition couldn't be insider trading.
It could be other types of fraud, however.
Wait, is the shooter in “insider” in this case?
Yes, and sounds like a great way to get RICO conspiracy to commit murder added to your charges just for trading on it.