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view the rest of the comments
This is a regulated area, one that the SEC oversees. They've prosecuted insider trading on crypto: https://www.sec.gov/news/press-release/2023-98
So... Reddit employees are being investigated, right?
There's no way we'll know this soon but, given there's been a huge push at the SEC to clamp down on crypto-related financial crimes[1], I wouldn't want to be anywhere near this debacle.
Before I go, I'll just leave this link: Report Suspected Securities Fraud or Wrongdoing.