this post was submitted on 03 Oct 2023
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FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison::undefined

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[–] [email protected] 33 points 11 months ago (1 children)

Salamone tried to keep the lion's share for himself and undid them all by recording the conversations. Conspiracies sure would be a lot more popular if everyone involved wasn't a scumbag.

[–] [email protected] 10 points 11 months ago (1 children)

I like what Robert Anton Wilson had to say about conspiracies and their life cycles:

"[A]s far as I’ve been able to discover in all my years of being involved, more or less unwillingly, in this field, I cannot find any proof of any conspiracy that really existed, was really brought into court and convicted, that lasted more than ten years before everybody double-crossed everybody else and the conspiracy fell apart."

[–] [email protected] 9 points 11 months ago (1 children)

In fairness, there has to be some survivorship bias here: if the members of a conspiracy don't double-cross each other and are competent enough not to expose themselves, it's a lot less likely they'd ever get brought into court in the first place.

[–] [email protected] 1 points 11 months ago

Agreed, and I suppose it's the ones we don't hear about that are the real bad ones.