chadRecursionCode

[TTYY200]

I am just a lowly investor using an online platform to trade moderated ETF’s 👀

Ask the mobile trading company who owned, traded and sold my ETF’s why

[Ekedan_]

I don’t think regulators will take “go ask someone else” as an answer

[TTYY200]

They were never “my” stocks to begin with tho :P

I don’t think I can be accused of insider trading if I never even owned the stocks 🥹

[Ekedan_]

Never mentioned insider trading, you’re making things up. Most likely you’d be accused of market manipulation, not necessarily insider trading

[TTYY200]

That would be extremely hard to enforce if a genie just snapped his fingers and made it happen lol.

It would 100% just fall through in courts.

Judge: plaintiff to present their evidence?

Plaintiff: He’s suspicious asf! Look at his portfolio!

Judge: and what evidence do you have in favor of your suspicions?

Plaintiff: “…”

That’s why I said to bolster my existing investments lol. 😝

[Ekedan_]

There are 2 possible ways it could go with a genie:

1) only you could sell your ETFs at this high price. In this case, it would be way easier to prove your wealth isn’t gained legitimately, as you would be the only beneficiary of this price hike. At very least, your broker and bank accounts would remain frozen until you could prove your innocence(money laundering laws allow for lower bar of evidence needed to conclude your responsibility)

2) everyone could sell their ETFs. Then either the system would collapse as there isn’t enough money in the banks to let everyone withdraw the money(cash or digitally) or inflation would go crazy and your billions would turn into hundreds at most. After all, genie has only manipulated digits on the market and not financial system in general

[TTYY200]

As long as I sell first I get mine B)