Convicted hacker (weev) starts hedge fund

video.cnbc.com

22 points·sethbannon··4 comments

Yes hello, weev here. Happy to answer any questions about TRO LLC. Contact info on our website: http://trollc.com/

Hi, weev.

Do you have any statistics on the average 'hit' a security takes when a vulnerability is made public? What's legal precautions do you plan on taking? I'd imagine publicly shaming a business (or their systems) for personal gain will ruffle a few feathers.

The average hit is not representative of potential market performance. Generally, depends on the quality of the compromise and the media campaign surrounding it. A rule of thumb is that datasets and social outrage garners headlines.

I have retained some fine counsel that specialize in securities and CFAA issues and they are partners in the venture.

I have 2 questions:

1. Why would anyone at S/C consider what he's doing slimy? He's not exploiting anybody, he's just shorting the stock and making the exploit known. If you think shorting stocks is slimy that's one thing, but would you rather have him short the stock and then NOT tell anyone about it? It seems like the only IMAGINABLE slimy thing is that he then tells people, making the short more valuable, but fuck is he supposed to NOT tell people? That would be SUPER wrong!

2. Why isn't this on the front page? It has enough upvotes in enough time, has it been flagged? Is "Weev" a flagged word?

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