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411111111111111
on March 11, 2023
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SVB depositors, investors tried to pull $42B Thurs...
Wouldn't this be attempted insider trading then?
Doesn't that come with jail time at that scale?
pgwhalen
on March 11, 2023
[–]
Can you elaborate? Nothing about this situation is at all related to insider trading.
411111111111111
on March 11, 2023
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You're completely correct. They likely got inside information which triggered their action, but insider trading would probably only apply to stock trades because of this information.
I was just a little confused.
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Doesn't that come with jail time at that scale?