[thermonot]

The hacker could have said he is stepping down from TWTR because of massive financial fraud, and make money by trading TWTR.

[filoleg]

Doing so would make it really easy to trace it back to him, if he decides to make a trade big enough. The data of all trades on public markets is, after all, public.

[jes]

Is it possible to make a substantial amount of money on such schemes while evading detection and subsequent prosecution?

https://www.marketwatch.com/story/to-catch-a-thief-how-nasda...

[zelly]

There are a couple offshore companies that let you buy/sell stocks with Bitcoin semi-anonymously. The problem is you can't short, so your attack has to result in pumping the stock: "Taking Twitter private at $420 a share".

[thermonot]

You don't do it by selling TWTR one minute before the hack.

You use your brain a little. You prepare your positions months in advance, and hedge out market risks.

You can also use less regulated brokers in far away places and trade TWTR derivatives.

[Phillipharryt]

Ok but brokers aren't less regulated, exchanges are, and Twitter isn't traded on every exchange.

[dictum]

If you want jail time, insurance fraud is probably a tad quicker.

[paulpauper]

except that governments would quickly try to freeze the banks and stock accounts

[thermonot]

There are millions of traders trading randomly (see r/wsb). Good luck spotting the one belonging to the hacker.

[komali2]

This is one information theory war against the FBI I can almost promise you would lose.