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

  • sugarfree@lemmy.worldEnglish
    352·
    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…

    • jet@hackertalks.comEnglish
      121·
      1 year ago

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

      • remotelove@lemmy.caEnglish
        12·
        1 year ago

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

        • jet@hackertalks.comEnglish
          15·
          1 year ago

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

    • linucsEnglish
      2·
      1 year ago

      They just copied the idea from terrorists