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

  • Lemonparty@lemm.ee
    link
    fedilink
    English
    arrow-up
    33
    ·
    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
    link
    fedilink
    English
    arrow-up
    33
    ·
    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…

  • lotophage@lemmy.ml
    link
    fedilink
    English
    arrow-up
    31
    ·
    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
      link
      fedilink
      English
      arrow-up
      10
      ·
      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
        link
        fedilink
        English
        arrow-up
        9
        ·
        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.