Silicon Valley IT Administrator and Friends Charged in Insider Trading Ring

Re:Silicon Valley IT Administrator and Friends Charged in In... by malux85 on Wednesday December 18, 2019 @12:48AM (#21822204)

Ah, most of it? You know that dark pools of communication exist too right?

They even have code words for the names of well known insider traders, e.g. Jacob Rees-Mogg, the UK politician is known as the “profiteering ghoul” because his massive short on the pound, why else was he pushing Brexit so much? The will of the people? Get real

Which makes sense, do you think that given the financial amounts involved, and the only thing stopping most people is ethics (and knowledge that it’s illegal but easy to get away with) that it wouldn’t happen??

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Re:Silicon Valley IT Administrator and Friends Charged in In... by throwGuardian on Wednesday December 18, 2019 @03:34AM (#21822946)

Citation needed. One can accuse anyone of anything without the burden of proof

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Re:Silicon Valley IT Administrator and Friends Charged in In... by DyslexicAtheist on Wednesday December 18, 2019 @04:15AM (#21823159)

> Citation needed

aehm, no it's not.

just google Somerset Capital, e.g. https://ftalphaville.ft.com/2018/02/08/2198570/jacob-rees-mo...

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Re:Silicon Valley IT Administrator and Friends Charged in In... by mistermann on Wednesday December 18, 2019 @08:08AM (#21824406)

This logic on JRM seems rather flawed. Have you any non-secret evidence to offer to back this story?

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Re:Silicon Valley IT Administrator and Friends Charged in In... by fortydegrees on Wednesday December 18, 2019 @03:20AM (#21822890)

Super interesting. Where is the best place to find out about JRM and the evidence that he does this?

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Re:Silicon Valley IT Administrator and Friends Charged in In... by malux85 on Wednesday December 18, 2019 @07:30AM (#21824145)

I just told you, the communication dark pools.

It’s not open to the public, you need a shibboleth

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Re:Silicon Valley IT Administrator and Friends Charged in In... by jl6 on Wednesday December 18, 2019 @07:45AM (#21824236)

And you found out about it how?

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Re:Silicon Valley IT Administrator and Friends Charged in In... by thaumasiotes on Wednesday December 18, 2019 @08:46AM (#21824701)

The idea that there are groups of people communicating with each other privately doesn't really need a lot of evidence. It's 100% likely to be true.

A better question would be "why do you think these specific people are coordinating with each other?".

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Re:Silicon Valley IT Administrator and Friends Charged in In... by coralreef on Wednesday December 18, 2019 @04:43PM (#21829783)

It's 100% likely to be true.

Uhh citation required

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Re:Silicon Valley IT Administrator and Friends Charged in In... by thaumasiotes on Wednesday December 18, 2019 @05:13PM (#21830026)

What do you want a citation for? I personally communicate in private groups, and so do you.

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Re:Silicon Valley IT Administrator and Friends Charged in In... by coralreef on Wednesday December 18, 2019 @11:27PM (#21832003)

Well it just seems like you pulled a number out of your ass to support a statement that you're trying to backup

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Re:Silicon Valley IT Administrator and Friends Charged in In... by thaumasiotes on Thursday December 19, 2019 @12:27AM (#21832184)

The number is perfectly accurate. It isn't even possible for all communication to take place in public. So I have to ask again... what is it that you think needs a citation?

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Re:Silicon Valley IT Administrator and Friends Charged in In... by coralreef on Thursday December 19, 2019 @08:34PM (#21841045)

You just said some set of facts is 100% true and accurate on the basis that it is rumoured to have occurred in a private conversation of which no one can validate. This is problematic.

Example: I know for a fact that 9/11 was inside job. I communicate in a private think group, so you can take my word for its truth.

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Re:Silicon Valley IT Administrator and Friends Charged in In... by malux85 on Thursday December 19, 2019 @01:56AM (#21832642)

I built the infrastructure they use to communicate

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Re:Silicon Valley IT Administrator and Friends Charged in In... by tkyjonathan on Wednesday December 18, 2019 @03:46AM (#21823021)

> his massive short on the pound

In 2016 or recently? because if its recently then the pound has gone up.

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Re:Silicon Valley IT Administrator and Friends Charged in In... by janekm on Wednesday December 18, 2019 @06:20AM (#21823813)

He (got Johnson to) fix that already.

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