Former Goldman Sachs Employee Charged with Insider Trading
A former employee of Goldman Sachs, Anthony Viggiano, is facing charges from the U.S. Securities and Exchange Commission (SEC) for insider trading. It is alleged that Viggiano used Xbox Chat and Signal to share insider information with friends, resulting in illegal gains of over $400,000.
Goldman Sachs: Former Employee Engaged in Insider Trading via Xbox Chat
The SEC has indicted Anthony Viggiano, a former employee of Goldman Sachs and Blackstone, for securities fraud. According to the charges, Viggiano used Xbox Chat and Signal to pass on insider information to his friends, allowing them to make illicit profits exceeding $400,000.
Elon Musk Faces Third Insider Trading Charge
Recent news has surfaced claiming that Elon Musk, the notorious CEO of Tesla, has been charged with insider trading related to Dogecoin manipulation. This would mark the third time Musk has faced such charges. The latest charge was filed on May 31 in Manhattan federal court by a group of crypto investors seeking to amend a previous class action lawsuit worth $258 billion from June 2022.
Musk’s Dogecoin Logo Change Raises Insider Trading Concerns
In addition to his usual tweets showing support for Dogecoin, Elon Musk changed the logo of Dogecoin on Twitter temporarily. This move was seen by crypto investors as an insider trading tactic since DOGE experienced a significant price increase of 22% within just one hour.
Hot Take: Former Goldman Sachs Employee Accused of Using Xbox Chat for Insider Trading
A former employee of Goldman Sachs, Anthony Viggiano, has been charged by the U.S. SEC with engaging in insider trading. Viggiano allegedly used Xbox Chat and Signal to share confidential information with friends, leading to illicit gains of over $400,000. This case highlights the importance of maintaining ethical practices in the financial industry and the potential consequences for those who engage in insider trading. It also serves as a reminder that even seemingly innocuous communication platforms can be misused for illegal activities. The SEC’s actions demonstrate their commitment to enforcing securities laws and protecting investors from fraudulent activities.
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