Re:DOJ: Hackers broke into an SEC database and made millions...
by zorga on Wednesday January 16, 2019 @07:13PM
(#18927046)
70% is extremely high, you can easily get rich with a 51% advantage and making enough small bets to invoke the law of large numbers.
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Re:DOJ: Hackers broke into an SEC database and made millions...
by lambdasquirrel on Wednesday January 16, 2019 @10:05PM
(#18927985)
That, and depending on the companies they got data on (i.e. any number of widely traded stocks with large market caps), they could have had a LOT of volume to play with. This is a big deal and it's mind-boggling that the breach happened.