Thomas2024@feddit.org to Technology@lemmy.worldEnglish · 1 day agoThe Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Schemesubstack.comexternal-linkmessage-square87fedilinkarrow-up1480arrow-down123
arrow-up1457arrow-down1external-linkThe Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Schemesubstack.comThomas2024@feddit.org to Technology@lemmy.worldEnglish · 1 day agomessage-square87fedilink
minus-squareCroquette@sh.itjust.workslinkfedilinkEnglisharrow-up4·15 hours agoThe point is that major shareholder will try to hide insider knowledge to sell their stock before a big crash. They pump the stock value as much as possible and sell it before it crashes. They make a shit ton of money and some suckers are left holding the bag.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up1·10 hours agoAh, yes those people definitely don’t care, they’ll make their money either way.
The point is that major shareholder will try to hide insider knowledge to sell their stock before a big crash.
They pump the stock value as much as possible and sell it before it crashes. They make a shit ton of money and some suckers are left holding the bag.
Ah, yes those people definitely don’t care, they’ll make their money either way.