Hacker News Reader

> As a result of the insider trading scheme, NIKHIL WAHI and RAMANI collectively generated realized and unrealized gains totaling at least approximately $1.5 million.

Is this a joke? Seriously. I thought this case was about people inside trading hundreds of millions of dollars.

View on HN

You expect to go to jail for being caught stealing $1,000 from a cash register. So you shouldn't be surprised when you go to jail for stealing $1,500,000 in cryptocurrency.

It's nice that $1.5 million is pocket change to you, but it's still against the law to get even such as small - for you - sum by fraud, so SEC will prosecute it.

Reply on news.ycombinator.com