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Elon Musk does fucking insider trading for the whole world to see, again.
submitted 11 months ago by EternalSunset from coindesk.com
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[–]quantum-step 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 11 months ago (7 children)
How much of his doge did he sell when the price jumped? None. So, wheres the trading part of insider trading?
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 11 months ago (6 children)
Imagine being naive enough to believe this 👆
[–]package 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 11 months ago (3 children)
If you consider this insider trading, then would it not also be insider trading for Musk to simply announce such a change to be occurring at some point in the future, or even just mention crypto at all in any way?
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 11 months ago (2 children)
🧔 - yes
For real though, why do you people suck this dude's cock so hard? He is obviously, patently and transparently abusing a financial market in the sleaziest way possible for his own selfish gain. There is absolutely 0 difference between you Musk worshippers and people who defend Nanci Pelosi.
[–]package 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 11 months ago (1 child)
I am not an elon musk worshipper I genuinely do not understand where you're drawing the line between actual insider trading and an influential person even just acknowledging that crypto or any other stock exists
[–]EternalSunset[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 11 months ago* (0 children)
Step 1. Buy boatloads of some irrelevant meme crypto. Step 2. Shill and hype for it using Twitter. Step 3. Cash out at a profit.
Here's a more detailed explanation: https://i.imgur.com/KlnP0F3.png
If you still don't understand the scheme he is playing, then I'm sorry but I give up.
[–]quantum-step 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 11 months ago (1 child)
Imagine being butthurt enough that you didn't get on the doge train to believe this.
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 11 months ago (0 children)
Imagine actually putting money on a meme shitcoin because a market manipulator told you to.
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[–]quantum-step 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (7 children)
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (6 children)
[–]package 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (3 children)
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–]package 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (1 child)
[–]EternalSunset[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (0 children)
[–]quantum-step 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–]EternalSunset[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)