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Message
DOJ finally nails someone for insider trading
Posted on 4/23/26 at 4:54 pm
Posted on 4/23/26 at 4:54 pm
11
Posted on 4/23/26 at 4:55 pm to The Egg
Bro bet on himself and hit. Let that slide.
Posted on 4/23/26 at 4:56 pm to The Egg
Clown fricking world we live in.
Posted on 4/23/26 at 4:58 pm to The Egg
A republican DOJ doing something and it’s arresting a likely Republican for some good fun.
They can’t arrest any leftist but they do this
They can’t arrest any leftist but they do this
Posted on 4/23/26 at 4:58 pm to JohnnyKilroy
quote:
Bro bet on himself and hit. Let that slide.
Agreed.
Posted on 4/23/26 at 4:58 pm to The Egg
Maybe the most legit opportunity for the costanza was that wrong gif ever.
Posted on 4/23/26 at 5:07 pm to The Egg
The funny part is that if he had been elected or on an appointed position he would probably be safe. Rules for thee and all.
Posted on 4/23/26 at 5:08 pm to TheDrunkenTigah
I don’t think we should allow betting on current events. Way too much potential for trickery.
Posted on 4/23/26 at 5:10 pm to JohnnyKilroy
quote:
Bro bet on himself and hit. Let that slide.
Every intel agency in the world sees insiders wagering on events. Every intel agency in the world would love to have 12-24 hours advance notice of when a world leader makes a move. Undoubtedly they're doing their damdest to get inside these exchanges and identify who's betting on what.
The problem isn't that DOJ is making an example of a relatively low level player; If the wrong people had gotten hold of that information he could have gotten himself and his team killed. The problem is that regulators are studiously avoiding the big fish, who are raking in millions with insider knowledge of major policy announcements. Maybe if the House flips in November they'll investigate some of this stuff. Right now the foxes are guarding the chickens..
This post was edited on 4/23/26 at 5:25 pm
Posted on 4/23/26 at 5:11 pm to JohnnyKilroy
quote:
Bro bet on himself and hit. Let that slide.
Would you feel the same way if he had hit on the other side?
Posted on 4/23/26 at 5:25 pm to Jim Rockford
Their investigations would net the same result just non Dems arrested.
Posted on 4/23/26 at 5:45 pm to JohnnyKilroy
quote:
Let that slide.
Posted on 4/23/26 at 6:09 pm to The Egg
I mean it’s not really insider trading. He bet to win. The operation could have blown up and been unsuccessful.
All the while Pelosi and company strut around making millions and are untouchable
All the while Pelosi and company strut around making millions and are untouchable
Posted on 4/23/26 at 6:17 pm to Townedrunkard
quote:
I mean it’s not really insider trading. He bet to win. The operation could have blown up and been unsuccessful.
He had the direct ability to affect the outcome both ways. That's about as insider as you can get.
Posted on 4/23/26 at 6:20 pm to The Egg
I feel safer
Posted on 4/23/26 at 6:28 pm to The Egg
We have to put a stop to this betting on real life events stuff
Posted on 4/23/26 at 7:03 pm to The Egg
Special Forces don't get a publisher for their books, so had to make some money somehow. E-7 still doesn't pay for shite, even for the SOF dudes.
Posted on 4/23/26 at 7:21 pm to GeauxTigers123
Yeah. It could get really fricked up if congressmen started voting for a bill not because they like the bill, but because they bet a lot of money betting that the bill would pass.
Posted on 4/23/26 at 7:33 pm to The Egg
Our government is a fuggin clown show from top to bottom
Posted on 4/23/26 at 7:56 pm to The Egg
Kalshi and Polymarket bill themselves as prediction markets. They don’t discourage insider betting because that makes for the best predictions. They take their cut no matter which way people bet.
If you’re a foreign leader, and you see big $$$ suddenly bet that US is invading you or snatching you on X day, that’s a good tip they coming.
Insiders who make those bets should be treated as if they leaked the invasion plan.
John Oliver did a piece on this last Sunday.
If you’re a foreign leader, and you see big $$$ suddenly bet that US is invading you or snatching you on X day, that’s a good tip they coming.
Insiders who make those bets should be treated as if they leaked the invasion plan.
John Oliver did a piece on this last Sunday.
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