FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison
FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison
The indictment alleges that Viggiano, Forlano, and Salamone engaged in a scheme between October 2021 and May 2023 to profit in the stock market by strategically investing...
FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison::undefined
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Points for creativity, I guess? I'm pretty sure a Goldman Sachs analyst can figure out how to do it properly, though...
Fun fact, personal cell phones on the trading floor arnt allowed, to avoid unlogged comms by traders.
Aren't trading floors mostly empty these days since trading is much more automated?
Yes, but as long as human traders exist, there is a need to log all of their communication to prevent malfeasance
They just copied the idea from terrorists
Rubber dinghy rapids bro