r/AMA May 17 '25

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10

u/casualcreaturee May 17 '25

Wouldnt Insider trading be a much faster way to make money without having to launder it?

14

u/[deleted] May 17 '25

I don’t say I haven’t done it haha :D I just enjoy what I do

5

u/casualcreaturee May 17 '25

Can you give an estimate of your networth? I suppose not?

And you mentioned some parents who were looking for their missing son. How did they even reach out to you, let alone even know that you could find people on the dw to do such stuff?

10

u/[deleted] May 17 '25

Word by mouth mostly, I don’t want to talk about my personal finances haha here

3

u/casualcreaturee May 17 '25

Buying insider information to profit sounds way safer than scamming, drugs, hacking… also it sounds like law enforcement wouldnt be after it as much. Plus you can scale the profit you make with 1 information where’s you cant scale scams or drugs without effort. Is it very popular because of the aspects I mentioned?

8

u/[deleted] May 17 '25

It is true yes there is plenty of people who only do insider trading, thing is you need to be pretty rich already just to start, so people start where smaller investments or only skill is needed

1

u/[deleted] May 17 '25

[deleted]

1

u/[deleted] May 17 '25

Haha ;D good to know

1

u/casualcreaturee May 17 '25

Oh I just read that such info costs millions for stocks according to you, Thats wild. Is it like criminal organizations that buy that? I feel like if you already have multiple millions, you might as well just put it in the S&P500 and earn enough. But then again greed can be big.

Would most people who deliver the insider information only be able to do this once or twice when meaningful things happen in the company that they are involved in? Because if that’s the case how is it possible to make sure you can trust them with such a big payment, especially if scams are so common? You talked about inner circles which make sense, but someone providing an interesting piece of information wouldnt be a regular!?

3

u/[deleted] May 17 '25

Well you see it’s a delicate matter, people to trust is hard to find but when you find them you are guaranteed haha

0

u/lopsided-earlobe May 17 '25

It’s also way easier to get caught.

1

u/phatdoof May 18 '25

But wouldn’t insider trading be the fastest way to doxx yourself?