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by w23j 1950 days ago
Nah, every bad thing a company does is securities fraud. With regards to this, this quote is more relevant.

Maddeningly, people continue to think that it is somehow illegal insider trading? “You bought a thing without telling anyone, and then you told people that you liked the thing and it went up, that’s illegal.” I don’t even understand that intuition. No! You can trade when you know your own intentions, even when nobody else does! Also, man, it’s Bitcoin, there’s no such thing as insider trading.

https://www.bloomberg.com/opinion/articles/2021-02-08/elon-m...