FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms
www.techspot.com
The indictment alleges that Viggiano, Forlano, and Salamone engaged in a scheme between October 2021 and May 2023 to profit in the stock market by strategically investing...

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

  • jet@hackertalks.comEnglish
    121·
    9 months ago

    Fun fact, personal cell phones on the trading floor arnt allowed, to avoid unlogged comms by traders.

    • remotelove@lemmy.caEnglish
      12·
      9 months ago

      Aren’t trading floors mostly empty these days since trading is much more automated?

      • jet@hackertalks.comEnglish
        15·
        9 months ago

        Yes, but as long as human traders exist, there is a need to log all of their communication to prevent malfeasance