> In a regulated securities market, this would be considered insider information, and this could lead to jail time
Per the SEC's definition (and thus prevailing law of the land), this is already illegal insider trading. That said, it's a low enforcement priority, largely on account of the victims being unsympathetic.
Per the SEC's definition (and thus prevailing law of the land), this is already illegal insider trading. That said, it's a low enforcement priority, largely on account of the victims being unsympathetic.