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junar 4 hours ago

From the indictment, he's being charged with the following:

* Unlawful Use of Confidential Government Information for Personal Gain

* Theft of Nonpublic Government Information

* Commodities Fraud

* Wire Fraud

* Engaging in a Monetary Transaction in Property Derived from Specified Unlawful Activity

https://www.justice.gov/usao-sdny/media/1437781/dl

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paulpauper 4 hours ago | parent [-]

So had this not involved presumed military secrets, it would have been legal? So it was the classified info that made it a crime, and then the insider trading aspect was later tacked on? It's crazy how the government adds so many charges. This guy is screwed.

	▲	gdulli 4 hours ago \| parent [-]
		That's part of the Chesterton's Fence nature of why these markets are bad. We know insider trading is a bad thing for the stock market, so it's policed. These markets, being a post-regulation internet free for all, aren't.