How #blockchain Can Fix the Problem of Insider Trading
▻https://hackernoon.com/how-blockchain-can-fix-the-problem-of-insider-trading-c8153a50055?source
Insider trading may sound bad. But where the law is concerned, it’s the letter that counts.In the 2016 Supreme Court case Salman v. United States, the Court cleared up some fuzzy loopholes in previous wording around the rules of insider trading. And the rules seem to leave room for creative use of blockchain investing platforms.On the heels of the Salman decision, several questions about the boundaries of insider trading have been cleared up. But an important one remains, and it’s one that leaves a lot of room for collaborative investing on the blockchain.Salman Solidified Insider Trading ParametersThe Salman decision found a grocer named Bassam Salman guilty of knowingly trading on confidential information and profiting upwards of $1.5 million after acting on an insider tip from his (...)