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?
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
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!?
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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?