ANALYSIS: $600 million in 60 seconds — the insider trading no one dares to name

ANALYSIS: $600 million in 60 seconds — the insider trading no one dares to name
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How to Steal a Billion Without a Weapon

The technique is called short selling. The principle is mind-bogglingly simple. You borrow securities you don’t own. You sell them for $100. You wait for the President of the United States to cause stock prices to plummet with a tweet. You buy them back for $90. You pocket the difference. Time required for the operation: a few minutes. Moral investment required: zero.

This isn’t a movie plot. It isn’t an academic hypothesis. It’s what happened on March 23, right under the noses of every regulator in the world, and no one lifted a finger.

The Wall of Shell Companies

Jean-Damien Boulanger, a lawyer specializing in securities law at the firm August Debouzy, lays out the legal framework with surgical precision: “Insider trading consists of using non-public information—information likely to influence the markets—to carry out a transaction and profit from it.” The definition is crystal clear. Enforcement is a nightmare.

Because the orders placed that Sunday morning bear no name. They pass through intermediaries, offshore funds, and legal structures stacked like Russian nesting dolls. “As soon as shell companies or tax havens are involved, it becomes very difficult,” the expert acknowledges. “Difficult” is an understatement. “Impossible” would be more accurate. And yet, the money always finds a way.

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