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A comment on SEC Charges Three with Insider Trading Around Equifax Data Breach Announcement. Parent comment

Re:SEC Charges Three with Insider Trading Around Equifax Dat... by bad416f1f5a2 on Tuesday August 16, 2022 @10:08PM (#32491481)
An acquaintance of mine is a US Attorney. We got talking “crime and criminals” once and his comment stuck with me: essentially, all criminals have two full-time jobs. First, you have to advance your criminal enterprise. But second you have to not get caught. And just like your typical salaryman, criminals have off days, get lazy and phone it in, or get cocky and think they’re pulling one over on the boss. And all the while he has dozens of highly paid investigators with one job: to catch people slipping.

Most importantly, while the criminal has to be perfect all the time, his investigators just have to be right just once.

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Re:SEC Charges Three with Insider Trading Around Equifax Dat... by jamiek88 on Tuesday August 16, 2022 @10:12PM (#32491507)
Yep. Silk Road and Ross Ulbricht being the poster child for that.

He made one early mistake. It having said that it was probably inevitable he’d make another one very few people have the temperament for proper opsec and what’s the point of being young, rich and powerful if you can’t enjoy the benefits?

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