Welp, there's the answer to the question I asked 6 months ago:
> If you do a ton of work to launch satellites to fly over Walmart parking lots and then model the correlation of how full they are to what the company’s next earnings will be: that seems like you worked hard and earned an edge you can trade on without getting in trouble.
> [..] if you made it your business to ride the Acela every day between Greenwich and NYC, bought special hearing aides that let you better eavesdrop on conversations, and made significant profits trading on the information then you’d be more likely to be successfully prosecuted.
Aren't those both the same?
> Feels like anyone has a theoretically equal opportunity to do the same work you did and get the same trading edge.
Feels the same here too.
Just some musings while reading that old thread.
(all quoted comments @eastdakota)
Say you find easily calculable mathematical solutions that break the security of crypto and you dump all your coins because you know they'll be worthless once you publish your research/algorithm.
Is that insider trading? Or would you be in the clear because you derived your algorithm from already public information that everyone else already had too?
Does the time scale matter? If you solve, dump, wait a few years, then publish, is it no longer insider trading?
This is assuming you don’t have ties to the organization that issues the token, if one exists.