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by ZachPruckowski
2166 days ago
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>When Musk posted a tweet 'joking' about taking Tesla private, which was utterly trivial to investigate, the SEC only managed to deliver a slap on the wrist. Because prosecuting Elon Musk requires going up against top tier defense lawyers and proving things like "Musk tweeted this with the intention of impacting his stock's value" or something. With hackers, you can use the financial stuff to target the hackers, and then either (a) prove the computer crimes or (b) use the computer crimes and the surrounding stock sales to prove intent. You also don't have to go up against a legal defense better funded than some militaries. |
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