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nostromo | 1 month ago

That person is reportedly in jail and facing serious time.

https://finance.yahoo.com/news/trump-jails-venezuela-leaker-...

Anyone with a security clearance making bets like this is not a smart person.

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teknopaul|1 month ago

Stats on politicians trading habits, indicates insider trading like this is standard practice in the USofA.

No beleives MAGA nuts are trading experts.

tsimionescu|1 month ago

Politicians don't have anything to lose from this. There is (shockingly!) nothing illegal about politicians making trades based on decisions that they know they are about to take that have a significant and easily predictable impact on the market.

By contrast, making public bets based on classified information that you are not authorized to publicize is a simple and relatively direct breach of laws regarding the handling of classified documents and state secrets.

graemep|1 month ago

A number of Trump's cabinet advisors have strong backgrounds in finance. At least two former hedge fund managers and one VC that I know of in prominent positions and I do not know much about American politics.

edmundsauto|1 month ago

Is this confirmed by a trustworthy source? This article only reports on what president Trump stated. Given the source and the lack of any details, this isn’t verifiable which I think is a minimum requirement.