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> It's an interesting spin to see their situation described by multiple layers of compound illegal activity.

Can you describe how this was NOT illegal? They were illegally selling derivative contracts and illegally creating fake trade history.

Oh, I wholeheartedly agree. It delights me to see this situation described not only as very illegal, but in layers of illegality, like an ogre.

Ah, I was thrown off by the word spin. I assumed it had a negative connotation towards the writing in the Bloomberg article.

Beautiful reference.