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paulpauperyesterday at 11:21 PM1 replyview on HN

So had this not involved presumed military secrets, it would have been legal? So it was the classified info that made it a crime, and then the insider trading aspect was later tacked on? It's crazy how the government adds so many charges. This guy is screwed.


Replies

gdulliyesterday at 11:44 PM

That's part of the Chesterton's Fence nature of why these markets are bad. We know insider trading is a bad thing for the stock market, so it's policed. These markets, being a post-regulation internet free for all, aren't.