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A comment on $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money. Parent comment

Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T... by w10-1 on Saturday April 12, 2025 @03:52AM (#43662311)
Good cover: publicly release a rumor via a random tiny outlet (along with a flurry of other rumors). Then if questioned, just say you heard it there.
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Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T... by tirant on Saturday April 12, 2025 @04:28AM (#43662510)
Benzinga is not a tiny outlet at all. There’s quite some trading platforms that distribute their news to their customers, like Interactive Brokers.
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Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T... by tradethedelta on Saturday April 12, 2025 @10:00PM (#43669432)
Benzinga has probably 40 writers or so. And they do syndicate out to other platforms. They also sell their real-time web traffic and ticker attribution data to hedge funds who will trade on the info.
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