this post was submitted on 12 Apr 2025
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You make a great point, I completely agree. While the Orange Bumblefuck absolutely engaged in market manipulation, profiting by acting on non-public information is at the heart of insider trading, which I'm certain his accomplices did.
From what I've been reading Trump manipulated the market (illegal) and his "friends" were let in on the scheme with "insider" information and then used that information to buy and sell stocks (illegal). What recourse do we have in this situation? Everybody involved is either in a position of power or has enough money to further bankrupt anybody who wasn't in the know...