I mean, I’m sure they’re not, but that’d just go next to all the other complaints the SEC has lodged against Elon thus far, and their complete inability to do anything to him seems pretty obvious at this point.
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My understanding is that in the US insider trading is legal; but needs to be reported to the SEC in a few days. But that the trade can’t be based on insider information.
I think this covers shorting to. Though how you can be shorting and not be informed by insider information is puzzling. I mean- you could conceivably just sell some stock to buy a house or some such. I guess the difficulty is in proving an insider trade was based upon insider information in court
Don’t see how the short selling can be honestly argued in favor of. 
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Of course, a lot of the time, people will time a public announcement to go live at, say, 10:00 and then make a trade at 10:00:01, when it is technically “public information.”
The proving in court part then just becomes a matter of showing that the information had been made public before you made the trade.
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Looking back eight years, when tech bros were seen as visionary.
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what an absolute dummy. The slightest hint of confronting someone actually knowledgeable means it’s time to start hurling insults and being protected by stopping the other person from speaking.
Truly this is a modern founding father we are dealing with! (i.e. he knows nothing about computers and he will probably die of syphilis)
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… he’s extra sensitive about this stuff because his current plan is to pretend to be “head of Twitter’s software and servers teams” while letting some other chump take the heat for his bad decisions
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When billionaires go down rabbit holes…
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Mike Masnick also had a debunking article on that.
But there was something and it didn’t involve the FBI.
Again as we noted when that story first came out, basically every social media platform has some form of this in action. It almost becomes necessary to deal with the scale and not accidentally ban your most high profile users. But, it comes with some serious risks and issues, which are also highlighted in the Oversight Board’s policy recommendations regarding Xcheck.
Thus, it’s not at all surprising that Twitter clearly has a similar whitelist feature. This was actually somewhat revealed in an earlier Twitter File when Bari Weiss, thinking she was revealing unfair treatment of the @LibsOfTikTok account, actually revealed it was on a similar Xcheck style whitelist that clearly showed a flag on the account saying DO NOT TAKE ACTION ON USER WITHOUT CONSULTING an executive team.
That’s all background that finally gets us to the Lee Fang story. It reveals that the US government apparently got some of its accounts onto this whitelist after they had been dinged earlier. The accounts, at the time, were properly labeled as being run by the US government. But here’s the nefarious bit: sometime after that, the accounts changed to no longer be transparent about the US government being behind them, but because they were on this whitelist it’s likely that they were able to get away with sketchy behavior with less review by Twitter, and it likely took longer to catch that they were engaged in a state-backed propaganda campaign.
Renee DiResta of Stanford Internet Observatory summed up a thread this way:
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In addition to being the world’s second richest person, Elon Musk is now the greatest press manipulator since Donald Trump inhabited the White House. Daily, often hourly, frequently minute-by-minute, Musk intercepts the news cycle and rides it like a clown on a barrel to the astonishment of all. Should he fall, he always gets back on and rides some more as the press corps records and transmits his every gyration.
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This is a kind of meaningless statement since “Elon Musk doesn’t give a shit about being a better human” is the core of the entire problem.
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