Hacker News Reader

Comment by MBCook | Hacker News Reader

Seems like a terrible strategy to me. You would stick out like a sore thumb to the SEC when they came looking and go straight to jail.

View on HN

That's when relocation to countries without extradition treaties with the US comes in handy.

How will they prove it? Use a disposable gift card credit card from your buddy.

Pretty sure they track the money the other way, not who spent $8 but who gained $8,000,000,000.

The enforcers still need to prove it in a court. Actual real-life insider trading happens all the time in America, even our elected congressman partake. Who can blame them, considering the relatively low / modest government wages.

For reference, see "Unusual_Whales".

https://twitter.com/unusual_whales

Reality sure does suck for non-elites.

Your reference shows unusual trades but not proof of insider trading.

Precisely, they just get really lucky every time. Statistics schmetistics.

Does this show all trades or only ones which they made money and were related to legislation? If the latter then the statistics aren't complete

Or they just trap you into "lying" to the feds and lock you up for obstruction. It's quicker.

Is your buddy Phil Leotardo that you’re so sure he’s not going to tell on you when fbi charges him with 20 years worth of felonies?

<3 I wish I was the one making bank off human stupidity.

Hint: Ensure your "friend" does not reside in the USA or an otherwise extradition-friendly country. The credit system is global, especially for $8.

C'mon, you only live once! Best make it interesting and worthwhile.

It's just a prank, bro.

Reply on news.ycombinator.com