News for hackers. Stuff that matters.

A comment on Day trader army loses all the money it made in meme-stock era. Parent comment

Re:Day trader army loses all the money it made in meme-stock... by 55555 on Tuesday May 10, 2022 @08:30AM (#31326266)
Sequential 8s are also lucky in Chinese.
[ Parent | on HN ]
Re:Day trader army loses all the money it made in meme-stock... by fullstop on Tuesday May 10, 2022 @08:32AM (#31326289)
The person who filed the paperwork for these companies had an Asian surname, so this is far more likely.
[ Parent | on HN ]
Re:Day trader army loses all the money it made in meme-stock... by md_ on Tuesday May 10, 2022 @08:55AM (#31326506)
https://www.cbsnews.com/sanfrancisco/news/lebnitz-tran-san-j...

Those four companies - 88 Cloud Computing LLC, 88 Enterprise Services LLC, 88 Investment Empire LLC and 88 Venture Capital LLC - each received between $350,000 and $1 million in loans within the span of a week in June 2020. The four companies purportedly provide cloud computing and investment services and two of them listed 24 employees each; however the address of all four businesses is a home in an affluent South Bay suburb.

[ Parent | on HN ]
Re:Day trader army loses all the money it made in meme-stock... by fullstop on Tuesday May 10, 2022 @09:00AM (#31326559)
It sure feels like the "business owner" fleeced the USA out of a few million dollars.
[ Parent | on HN ]
Re:Day trader army loses all the money it made in meme-stock... by ac29 on Tuesday May 10, 2022 @12:35PM (#31329106)
That particular one was arrested and is facing hundreds of years of prison sentences (multiple counts of fraud, etc).
[ Parent | on HN ]