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insanitybit
on Nov 20, 2023
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Sam Altman, Greg Brockman and others to join Micro...
Pretty sure that it would be illegal for them to tweet insider information like that if it were false, since it's effectively a statement to shareholders.
hef19898
on Nov 20, 2023
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I'll take securities fraud for 420, please, but private.
insanitybit
on Nov 20, 2023
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parent
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That's exactly the point - by tweeting insider information you are making a public statement. We've learned this very recently...
hashhar
on Nov 20, 2023
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root
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parent
[–]
Parent meant probably meant that there's no securities fraud since no securities are involved as it's not a traded company.
insanitybit
on Nov 20, 2023
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root
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The shareholders are still invested, they still have a 401A Evaluation, and these statements are definitely going to have legal weight.
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