441–450 of 816 posts
Many people here are talking about how more powerful people are also corrupt and are getting away with it. All corruption is bad. This soldier put the life of everyone on the mission in danger by doing this.
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There's plenty of evidence of it happening, if you consider the odds of surges of pre-market trading of oil futures 20 minutes before Trump tweets on Iran happening coincidentally. The actual finding of who's who has to be done by the U.S. law enforcement, who aren't really interested.
> plenty of evidence of it happening There is circumstantial evidence. We need to collate that. But nothing trumps direct evidence. If someone has that I will bend over backwards to find a way to securely connect them with, at the very least, a reporter who can document it so it shows up in an internet search when an empowered staffer starts down this path.
Many people here are talking about how more powerful people are also corrupt and are getting away with it. All corruption is bad. This soldier put the life of everyone on the mission in danger by doing this.
All corruption is bad. Selective enforcement of the law is worse. It increases corruption by giving a strong incentive to win favors from powerful people.
Inequality codified into the law, literal separate rules, is worse still.
I'll also admit I've never liked gambling (or fraud) so it's really hard for me to understand what is so appealing about something like polymarket or kalshi. (I have the same gaps with regard to casinos, they just seem like hell on earth -- not a positive aspect to them whatsoever) At least from my outsider's perspective it seems clear that these sorts of gambling are not good for society whatsoever.
Since this is relevant to many HN comments, copy-pasted the charges from the pdf indictment in the linked page: Count 1 - Unlawful Use of Confidential Government Information for Personal Gain Count 2 - Theft of Nonpublic Government Information Count 3 - Commodities Fraud Count 4 - Wire Fraud Count 5 - Engaging in a Monetary Transaction in Property Derived from Specified Unlawful Activity
Why would this be civilian versus the business of a JAG?
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You mean any non crypto payment system? :)
Going to guess that anyone in the U.S. military has their crypto wallet aggresively profiled by various spy agencies.
The Ukraine war has shown that cheap intelligence tricks can be used against the average recruit, like pretending to be a dating website and getting the GPS locations of horny enemy soldiers so your drones can drop grenades on them.
It doesn't need to be crypto wallet tracking. The amount of spyware being built into phone apps is where those agencies would be putting some effort into obtaining access to.
That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol
I was under the impression that insider influence was the point of these systems? Want something to happen? Bet a lot of money that it won't, pulling the market forces towards the action you want. It goes from "taking out a hit" to "betting that someone will live to next Thursday". It's such an obvious outcome of these systems that I was operating on the assumption that it was the actual point. So maybe the thing thi…
“Super markets trade money for food. An obvious outcome is that someone without money will shoot the employees to steal food. Therefore the purpose of supermarkets is to facilitate murder”
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At this point insider trading issue has run away so hard I don't see how it can be tamed without revolutionary frameworks. If we look at crypto then I'm not sure we want to live in a world where insider trading is normalized either so we ought to start working on these new frameworks as soon as possible but nobody seems to care.
Just ban gambling. That solves good part of it. Then ENFORCE EXISTING LAWS. That solves good part of it. Talking about any other solutions will have to wait for govt that's not crooked. It doesn't need revolution, it needs to not have criminals at helm
Insider trading is already illegal (this case proves it). If the problem is under-enforcement, then I agree that better enforcement is the fix.
Banning gambling is a completely separate intervention addressing a different activity, and clearly wasn't required to bring charges in this case.
The tendency of governments to create new laws instead of enforcing existing ones is how we end up with absurdly complex legal systems and the loopholes that come with them.
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How would you define gambling? Would it make trading stocks illegal?
Lots of countries have managed to legally define gambling and ban it without making stock trading illegal. Even the US. This isn't some gotcha.