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by toomuchtodo 20 days ago
https://youtu.be/ag14Ao_xO4c

“We are selling to willing buyers at the current fair market price.”

1 comments

It’s worse!It’s more like someone found a bug into a legacy system(index funds) and is not exploiting along with some corruption bending the rules. A good chunk of population more or less directly will just end up holding the bags because they just followed the advice to buy index funds because companies are required to float % percentage, be profitable or whatever , and now the rules changed for this special Elon operation
Hacker found an exploit, and exploited it.