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  • I don't think he was alone...considering he was given a plea bargain.

    A few big whales can shift market. It's the hedge funds that are the real big players.

    The claim was that he did it because he noticed others doing it, reported it (multiple times), and when that was ignored incorrectly took it as confirmation of the legitimacy of fake/ghost orders.

    Apparently he also lost all his money to Ponzi scams.

  • Wonder if that's true..perhaps hes hidden it off shore. Still living with his parents as he was before.
    Is he banned from trading?
    A legend in my book

  • Is he banned from trading?

    Pretty sure he is.

    I did think setting up Ponzi schemes to steel and hide your own money would be a good idea. But equally he doesn't seem to have any appreciation or desire for money - living at home, cheap clothes, only ever eating a meal deal (or whatever it was).

    Apparently the US sang his praises and were a major factor in his light sentencing.

    It's definitely a film in the making.

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