Re:U.S. SEC Wins 'Shadow Insider Trading' Trial
by ryukoposting on Saturday July 06, 2024 @07:45AM
(#40889819)
I'm assuming all the redditeurs who bought GameStop shares a few years ago didn't go to jail.
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Re:U.S. SEC Wins 'Shadow Insider Trading' Trial
by tl on Saturday July 06, 2024 @08:40AM
(#40890092)
As posted elsewhere, making $107k is illegal. Making $107M is legal. Lots of people made thousands, tens of thousands or hundreds of thousands. In aggregate, they made single-digit billions based on the losses Citadel had to report. DFV alone made north of ten million (realized then) and is up north of $200 million right now (currently unrealized gains).