Y
Hacker News
new
|
ask
|
show
|
jobs
by
zorga
2715 days ago
70% is extremely high, you can easily get rich with a 51% advantage and making enough small bets to invoke the law of large numbers.
1 comments
lambdasquirrel
2715 days ago
That, and depending on the companies they got data on (i.e. any number of widely traded stocks with large market caps), they could have had a LOT of volume to play with. This is a big deal and it's mind-boggling that the breach happened.
link