Re:Hackers take over prominent Twitter accounts in simultane...
by ilkkao on Wednesday July 15, 2020 @06:45PM
(#23853279)
Maybe shorting wouldn't have been needed. Just buy from the dip and trust that the stock recovers when twitter confirms hacking. But requires a lot of cash that the attacker probably doesn't have.
Re:Hackers take over prominent Twitter accounts in simultane...
by macNchz on Wednesday July 15, 2020 @06:47PM
(#23853296)
Sell the exploit to someone with a bigger appetite for risk?
Re:Hackers take over prominent Twitter accounts in simultane...
by VectorLock on Wednesday July 15, 2020 @08:20PM
(#23854196)
Way more effort and risk there, much more difficult without existing underground connections.
Re:Hackers take over prominent Twitter accounts in simultane...
by Consultant32452 on Wednesday July 15, 2020 @11:10PM
(#23855326)
Why would you need to anonymously short the stock? It feels like it would be easy to get lost in the noise of regular shorts.
Sure, you could short stocks and then make "Aaah, Tesla is going bankrupt!" tweets... But without an army of lawyers and accountants and money to pay them, it's hard to anonymously short stocks.
You could bribe people with publishing DM's - but again that's pretty high risk. And how do we know that hasn't already happened?
What else is there?