Google worker charged with using internal data to make $1.2m on bets
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22 replies
Yeah only the president of the United States is allowed to do that
And the CEO's.
And all of Congress.
so a Google worker gets charged for making 1.2 million on bets but the Google CEO is OK with data centers that illegally suck water and electricity and engaging in surveillance activity with Palantir.
Makes sense to me. 🙃
Because insider trading is still sometimes illegal.
But multinational corporations raping the environment and helping to build a dystopian surveillance state is not only legal, but incentivized and rewarded by the state.
Only when the poors do it.
Yeah, I am pretty sure CEO also uses that data for bets, but they call it investments and praise him for it.
Rules for thee, not for me.
Its USA, and you know what, no one cares.
I feel like this is a "baby in the river" scenario. You know — after the third or fourth one, you should stop just diving in to save them and go look upstream to figure out who is throwing all the babies in!
We need to stop saying "wow, another person abused their position and inside knowledge to make money on polymarket."
Of course they did. Polymarket is practically purpose-engineered to be abused by people with inside knowledge. It would be more shocking to discover that no one was abusing it. It's basically a casino that lets you bring your own cards from home. I honestly don't understand why it wasn't shut down a long time ago.
Because if it was shut down, the Epstein class couldn't abuse their insider knowledge to make money. Laws are only for the proles.
The US Congress is investigating. The people who wrote their own laws to allow insider trading.
No one is being the least bit sneaky anymore, this is just straight up grift and if you don’t like it then maybe we declare your hometown an enemy of the state.
START SHOOTING ICE
Non ironically, all he had to do is donate a part of it to someone in the trump family.
if trump is not part of the grift, he is against it.
Insider trading? Did they update finance laws to cover gambling?
Polymarket skirts gambling laws by insisting it's not gambling. Instead it's legally registered as a futures market (or something like that, I don't remember the details). So all bets are legally stock market trades.
Knowing that, it makes sense.
It might be because they used crypto which is kinda treated like an investment vehicle now.
Charged with doing the same thing the entire government does, every board member does. And every rich fuck does.
Interesting bit from the court docs of how they traced it to him:
Seems like whatever swapping service he used is what got him as he probably assumed that they wouldn't comply with law enforcement or have detailed records.
further proving just because you're smart, doesn't mean you're a criminal mastermind.
guy should have laundered it across multiple wallets and various crypto flavors. at the very least it would have stopped anyone from looking and going "this one here is moving a lot of money".
Dumbass