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Re:Kim Dotcom's Extradition to the U.S. Given Green Light by... by mjt91 on Friday August 16, 2024 @02:59AM (#41263832)
>In 2001, Schmitz bought €375,000 worth of shares of the nearly bankrupt company Letsbuyit.com and subsequently announced his intention to invest €50 million in the company.The announcement caused the share value of Letsbuyit.com to jump,resulting in a €1.5 million profit for Schmitz.

This is just _dumb money_. Also I dont see how this is different to many crypto marketeers today.

Re:Kim Dotcom's Extradition to the U.S. Given Green Light by... by djur on Friday August 16, 2024 @03:23AM (#41263974)
It's insider trading. I'm not sure if you're trying to defend him by comparing him to other con artists?
Re:Kim Dotcom's Extradition to the U.S. Given Green Light by... by nullc on Saturday August 17, 2024 @10:00PM (#41279573)
He's been doing the same stuff inside the cryptocurrency space in recent years, FWIW.