[semiquaver]

The law you refer to applies only to markets for securities. RAM is very clearly not a security, it fails the Howey test.

There are similar laws prohibiting the manipulation of commodity markets but I do not believe a US court would find RAM to be a commodity.

[jordanb]

How is RAM not a commodity?

[butvacuum]

It doesn't really matter, because the first question is: can the government suspend the contract (injunction?) while this is sorted out.

There's also the question of if OpenAI operated In good Faith (from a search: "Another sign of bad faith is withholding crucial information..."), and- of course- the South Korean government can step in as well. In fact- as a worldwide issue- any sufficiently large State(or group of States) can take issue with it.

OpenAI will have issues if they find themselves unable to buy power equipment (Schnider, Eaton). Or, perhaps anybody associated with OpenAI management or funding is arrested the second they step foot in Europe. This is already a nightmare of an International Incident.

[baking]

It may be a commodity, but there is no established commodity market for RAM in the US, as there is for energy and agricultural products. The laws relate to the manipulation of a commodity market. Commodity markets are usually established where the products are produced, not where they are consumed.