The Well-Timed Trades Made Moments Before Trump’s Policy Surprises

https://www.wsj.com/finance/investing/the-well-timed-trades-made-moments-before-trumps-policy-surprises-36e6963a?st=8YnEU1&reflink=desktopwebshare_permalink

The president’s critics have raised concerns about the action in oil futures, S&P 500 ETF options and prediction markets

Basically, people are leaking inside information about things like military actions before they are public through bets that they're guaranteed to win

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95 points · 2 comments · view on lemmy.world

2 Comments

CharlesDarwin@lemmy.world · 5 pts · 160d (1 reply)

People need to go to prison for long terms for this.

AlexSage@piefed.social · 3 pts · 160d

Yes it's literally illegal. But that only matters if it's actually enforced. Which basically this whole administration has proven only liberals and immigrants actually get prosecuted on anything.