On November 20, 2025, trading algorithms identified what may become the largest accounting fraud in technology history—not in months or years, but in 18 hours.
You are absolutely right. They are talking about algorithmic trading and machine intelligence. Both things that have been in use for decades. Not sure why this is news then.
The article said it was an algorithm that detected it, not AI.
Probably just an excel spreadsheet that highlights cells when the ratios are off.
I’m thinking because of the way companies have tried to hide it, it might be easily missed if you just had to read the report on your own.
You are absolutely right. They are talking about algorithmic trading and machine intelligence. Both things that have been in use for decades. Not sure why this is news then.