Silicon Valley IT Administrator and Friends Charged in Insider Trading Ring

Re:Silicon Valley IT Administrator and Friends Charged in In... by kryogen1c on Tuesday December 17, 2019 @08:15PM (#21820848)

>The SEC’s complaint alleges that the defendants sought to evade detection, with Nellore insisting that the ring use the code word “baby” in texts and emails to refer to his employer’s stock, and advising they “exit baby,” or “enter few baby.”

Security through obfuscation. One wonders how good of IT administrators they were.

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Re:Silicon Valley IT Administrator and Friends Charged in In... by chii on Tuesday December 17, 2019 @08:21PM (#21820879)

if only they just used something like end-to-end encryption, then there'd be no evidence to charge them with!

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Re:Silicon Valley IT Administrator and Friends Charged in In... by rolltiide on Wednesday December 18, 2019 @04:37AM (#21823275)

unless they nabbed literally any participant's phone while unlocked, or ran an exploit that got a client side dump without it being unlocked

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Re:Silicon Valley IT Administrator and Friends Charged in In... by trthomps on Wednesday December 18, 2019 @06:55AM (#21823971)

Signal (or Keybase), with expiring messages.

I've become quite paranoid about my digital communication, I've worked in the field long enough to know all of them are being scanned. I'm not even doing anything illegal, I'm just uncomfortable with it.

Or just never talk digitally, only talk IRL. All these guys lived near each other and worked at the same company, could have easily just dropped by each others desk with a wink or a nod.

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Re:Silicon Valley IT Administrator and Friends Charged in In... by rolltiide on Wednesday December 18, 2019 @11:50AM (#21826736)

There was a ring 6 years ago that was run over snapchat - expiring client side but not e2ee - and it got busted by a 50 year old that had a screenshot in his email

For my sensitive communications I’ve concluded not talking digitally too

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