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

    • TwoGems@lemmy.world
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      1 year ago

      I like the part where it’s like a zillion times more illegal than trying to overthrow democracy. The USA “justice system” is a joke.

      • Serinus@lemmy.world
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        1 year ago

        Most of the January 6th people seemed to get appropriate sentences for their involvement.

            • ram@bookwormstory.social
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              1 year ago

              Welcome to Lemmy, I see you’re new. You must be unfamiliar with how we treat capitalists and right wing scum here.

                • Jax@sh.itjust.works
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                  1 year ago

                  No no, it’s different because white people are bad.

                  Wait did I say the quiet part out loud?

                • pimento64@sopuli.xyz
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                  1 year ago

                  Nobody should support or advocate for state sponsored violence and execution. Ever.

                  “The United States shouldn’t have entered WWII or sponsored violence through the lend-lease program that literally bankrolled the Allied war effort”

                  —You

  • Lemonparty@lemm.ee
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    1 year ago

    Ironically, Viggiano and his team from the University of Tampa won a 2018 ethics competition

    Best part of the article.

  • sugarfree@lemmy.world
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    1 year ago

    Points for creativity, I guess? I’m pretty sure a Goldman Sachs analyst can figure out how to do it properly, though…

    • jetA
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      1 year ago

      Fun fact, personal cell phones on the trading floor arnt allowed, to avoid unlogged comms by traders.

      • remotelove@lemmy.ca
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        1 year ago

        Aren’t trading floors mostly empty these days since trading is much more automated?

        • jetA
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          1 year ago

          Yes, but as long as human traders exist, there is a need to log all of their communication to prevent malfeasance

  • lotophage@lemmy.ml
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    1 year ago

    Salamone tried to keep the lion’s share for himself and undid them all by recording the conversations. Conspiracies sure would be a lot more popular if everyone involved wasn’t a scumbag.

    • the dopamine fiend@lemmy.world
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      1 year ago

      I like what Robert Anton Wilson had to say about conspiracies and their life cycles:

      “[A]s far as I’ve been able to discover in all my years of being involved, more or less unwillingly, in this field, I cannot find any proof of any conspiracy that really existed, was really brought into court and convicted, that lasted more than ten years before everybody double-crossed everybody else and the conspiracy fell apart.”

      • DaPorkchop_@lemmy.ml
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        1 year ago

        In fairness, there has to be some survivorship bias here: if the members of a conspiracy don’t double-cross each other and are competent enough not to expose themselves, it’s a lot less likely they’d ever get brought into court in the first place.