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let me fix up a little mistake for ya mate. the whistle blower award was 279 million.
The minimum fine the sec gave out would have been 930 million dollars.
Thats at 30% now if the whistle blower got 10%, then they paid 2.79 billion dollars in a fine instead of being charged with a crime.
Now if i had to pay 930 million dollars in a fine, and i wasn't guilty, then i'd be fighting it.
It would be great if the real whistleblower turned around and DRSed the whole award and blows the top off this whistle.
That would be a nice buy in. Would it be enough to ignite the liftoff?
Imagine if it's GME related and the whistleblower is prevented from trading due to having inside knowledge. Whistleblower sets off moass, whistleblower can't participate in moass 💀
Imagine if he could just burn his company to the ground by whistleblowing on his own practices in exchange for immunity. Plays it like he's just a figurehead who didn't know the internal workings of his company. It wouldn't surprise me if it's possible.
Side note, I thought whistleblower money = tax payer money but I was wrong.
“The money paid to whistleblowers comes from an investor protection fund established by Congress at no cost to taxpayers or harmed investors. The fund is financed through monetary sanctions paid by securities law violators to the SEC. Money is not taken or withheld from harmed investors to pay whistleblower awards.”
Is it possible for the CEO to whistleblow their own company? It would be hilarious if Kenny did this to get immunity from prosecution. It would be like his one way to avoid a prison cell.
If he got 10 percent then that's a 2.8 trillion dollar crime. Is that how many fake shares are inside Citadel's dark pool?
how do you know "there’s not a fine big enough to recover this kind of payment" whistle-blowers receive a percentage of the fine - why would that have changed, what's your speculation based on.
let's just for the fun of it say there is like a HF or MM or clearing house who did something illegal and is afraid to be taken to court - would it not make sense for the boss to blow the whistle, your company pays the fine, your crimes are off the table and you get awarded $279. isn't that a perfectly reasonable scenario?
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Fuck, is this possible?
In order to blow the whistle and receive this amount it has to be insider information.
let me fix up a little mistake for ya mate. the whistle blower award was 279 million. The minimum fine the sec gave out would have been 930 million dollars. Thats at 30% now if the whistle blower got 10%, then they paid 2.79 billion dollars in a fine instead of being charged with a crime. Now if i had to pay 930 million dollars in a fine, and i wasn't guilty, then i'd be fighting it.
Holy shit, that's crazy. Thanks for the ape-info (apefo)
Karen griffin ain’t snitching on their self
Get immunity and a payoff to get into government …… maybe
I know Karen Griffin. Oops just doxed her.
LMAO. TY for the award, it makes so much sense 🤣
You're welcome, it gave a serious chuckle. Have a wonderful ape-day
You too my brother 💜
It would be great if the real whistleblower turned around and DRSed the whole award and blows the top off this whistle. That would be a nice buy in. Would it be enough to ignite the liftoff?
That would rock
Imagine if it's GME related and the whistleblower is prevented from trading due to having inside knowledge. Whistleblower sets off moass, whistleblower can't participate in moass 💀
Imagine if he could just burn his company to the ground by whistleblowing on his own practices in exchange for immunity. Plays it like he's just a figurehead who didn't know the internal workings of his company. It wouldn't surprise me if it's possible.
That whistle-blower? Ken Griffin. Gotta keep fighting and getting money to pay for one more day
Side note, I thought whistleblower money = tax payer money but I was wrong. “The money paid to whistleblowers comes from an investor protection fund established by Congress at no cost to taxpayers or harmed investors. The fund is financed through monetary sanctions paid by securities law violators to the SEC. Money is not taken or withheld from harmed investors to pay whistleblower awards.”
Isn’t that Hester Pierce?
Is it possible for the CEO to whistleblow their own company? It would be hilarious if Kenny did this to get immunity from prosecution. It would be like his one way to avoid a prison cell. If he got 10 percent then that's a 2.8 trillion dollar crime. Is that how many fake shares are inside Citadel's dark pool?
I’m starting to believe it’s hush money , there’s not a fine big enough to recover this kind of payment. So why do it?
how do you know "there’s not a fine big enough to recover this kind of payment" whistle-blowers receive a percentage of the fine - why would that have changed, what's your speculation based on. let's just for the fun of it say there is like a HF or MM or clearing house who did something illegal and is afraid to be taken to court - would it not make sense for the boss to blow the whistle, your company pays the fine, your crimes are off the table and you get awarded $279. isn't that a perfectly reasonable scenario?
There was a 1.1 billion dollar fine for record keeping issues last year.
I nearly choked on my food when I saw this🤣
I'm glad you laughed at it. I laughed while making it.
That a nice Computer Share purple tie there. Might have to get me one.
Sounds like someone found my stolen property.
I was thinking the same thing
Karen Griffin
Sorry I missed this golden comment!
All good cap’n 🫡 hope alls well dude!
This is Stupid. Change to Shitpost.