President Donald Trump posted on his social media platform Truth Social that it was "a great time to buy.” Less than four hours after his post, Trump announced a 90-day pause on nearly all his tariffs.
Insider trading is where the one doing the trade has insider information. This “tweet” (“Truth”?) cannot be insider information by definition.
Could Trump administration figures do insider trading on the basis of more explicit insider information? Absolutely. Does this message prove any of that? No.
Plausible deniability - there was a public recommendation by a stable genius. Maybe people read his media site and follow his recommendations. Stranger things are happening every day
Isn’t this one big case of insider trading?
I believe so, but they’re going to use the public tweet to argue that the tip was public. “It’s not insider trading if it’s all out in the open.”
Mafioso shit.
Insider trading is not illegal per se. It comes with various restrictions depending on who you are but they don’t apply to everybody.
This is just corrupt as shit, which is seemingly perfectly allowable.
Insider trading is where the one doing the trade has insider information. This “tweet” (“Truth”?) cannot be insider information by definition.
Could Trump administration figures do insider trading on the basis of more explicit insider information? Absolutely. Does this message prove any of that? No.
Plausible deniability - there was a public recommendation by a stable genius. Maybe people read his media site and follow his recommendations. Stranger things are happening every day
And orangeboi made himself above the law