FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison

https://lemmy.world/post/6206673

FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison - Lemmy.world

FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison::undefined

Salamone tried to keep the lion’s share for himself and undid them all by recording the conversations. Conspiracies sure would be a lot more popular if everyone involved wasn’t a scumbag.

I like what Robert Anton Wilson had to say about conspiracies and their life cycles:

“[A]s far as I’ve been able to discover in all my years of being involved, more or less unwillingly, in this field, I cannot find any proof of any conspiracy that really existed, was really brought into court and convicted, that lasted more than ten years before everybody double-crossed everybody else and the conspiracy fell apart.”

In fairness, there has to be some survivorship bias here: if the members of a conspiracy don’t double-cross each other and are competent enough not to expose themselves, it’s a lot less likely they’d ever get brought into court in the first place.
Agreed, and I suppose it’s the ones we don’t hear about that are the real bad ones.

165 years for white collar crime, no fucking chance

They only made $322k, that’s nothing.

What did the Enron guys get?

They didnt make enough money to receive a lesser sentence.
They’re probably not rich.

HEY! You stole money from the people who have lots of money! THAT’S MORE ILLEGAL THAN ALL THE OTHER STUFF!

I like the part where it’s like a zillion times more illegal than trying to overthrow democracy. The USA “justice system” is a joke.
Most of the January 6th people seemed to get appropriate sentences for their involvement.
I’ve yet to see one traitor hanged

Ironically, Viggiano and his team from the University of Tampa won a 2018 ethics competition

Best part of the article.