47 Comments

  1. From the article:

    British lawmaker Ed Davey accused Donald Trump of insider trading in light of unusual market activity before his supposed Iran war peace talks announcement.

    Traders made a number of questionable moves just 15 minutes before Trump’s post, according to a CNBC report.

    The report added:

    *At around 6:50 a.m. in New York, S&P 500 e-Mini futures trading on the CME recorded a sharp and isolated jump in volume, breaking from an otherwise subdued premarket backdrop. With thin liquidity typical of early trading hours, the sudden burst stood out as one of the largest volume moments of the session up to that point.*

    Speaking during a Parliament session on Wednesday, Liberal Democrat Party Leader Ed Davey suggested that Trump tipped off his friends about his announcement.

    “Mr. Speaker, just before President Trump posted about his supposed negotiations with Iran on Monday, traders made hundreds of millions of dollars of extra bets on oil futures,” Davey said. “This looks like Donald Trump giving his mates insider information so they can make themselves richer, while his illegal war in Iran makes everyone else poorer. This looks like corruption of the very worst kind.”

  2. everybody knows what’s going on, even Iran is publicly calling trump out for this (and the world for just watching it happen)

    and in the US, the SEC which would be all over this like flies on shit are nowhere to be seen as Trump made sure whoever is running it doesn’t actually do their job, unless there’s some democrat to nail for some made up nonsense.

  3. Royal-Hunter3892 on

    Someone or some group has made around 500 million dollars on oil futures in a single trade.

    Bets were placed just 15 mins prior to Trump’s announcement about five day pause , productive talks with Iran signalling de escalation .

  4. Most regular people assumed this but foreign politicians of an allied government hurling these accusations towards a US president is *quite* the bar to pass

  5. FlyFisherman4Life on

    Do we think Interpol will arrest him once he crosses the border after presidency ends in 2028?

  6. Trump doesn’t have “Mates” dude doesn’t have friends, everyone around him is a soulless crony or thief

    His “Mate” died in prison after his island was taken away

  7. EternalNewCarSmell on

    Well, *duh*. That’s the entire reason he ran for president and then dismantled all systems of accountability in an executive coup, of course he’s going to do that.

  8. The uncomfortable truth is way too many people have their savings in the US stock market.
    Hell my countries retirement savings plan is mostly invested in US stocks.
    We’re not the only ones.
    How many people are going to continue entrusting retirement savings in the US stock market when shit like this is happening?

    What’s going to happen to the US if there is an exodus from US stocks to EU/ASIA etc?

  9. punksmostlydead on

    Yes, he is.

    The problem is, he first fired all the Inspectors General, installed sycophants at the lead of every department and agency in the government, and stacked the courts.

    In other words, there’s fuckall we can do about it short of open armed revolt.

  10. FelixNoHorizon on

    I cannot believe Clinton almost got impeached for lying about having an affair, yet this guy is getting away with doing worse things 🫠

  11. SifnosKastro on

    He would never do this – or would he? The Who,e fucking war is to make his family and friends rich!

  12. These articles feel like they are paid for by prediction markets to legitimize them with laws so that their users are more protected. These things should be outright banned and it’s not really insider trading.

  13. Just_A_Dude_90 on

    His family and the wealthy people who put him in charge. To the surprise of absolutely nobody. This is a grifter with a long history.

  14. 42TheAnswer2TheUnive on

    Ya think? tRump’s not only a filthy fukkken pedophile, he’s an inside trader. Gaming the system Illegally.

  15. Accused?!?!?!??! More like noticed, we NOTICED Trump giving inside information to his associates to make big bets on the market

  16. Ijnefvijefnvifdjvkm on

    Not only did someone leak, they leaked to people who traded oil …. A small group of people.

  17. HanzoNumbahOneFan on

    Well ya. He did the same thing with the yo-yo tariffs where he announced them, then canceled them, then announced them, then canceled them. Just so the market would fluctuate to his and his “friends” advantage.

  18. TheChildrensStory on

    He’s bragged about it out loud in the Oval Office early in this term when he started slapping countries around with tariffs. IIRC a couple of the geezers were from Charles Schwab. He asked one of them how much they made and wasn’t it around $33 million.

  19. The US stock market and economy are just two more American institutions that he has obliterated public trust in

  20. He even bragged about it a while ago, in the white house with press in front of him. “He made 2 billion last night” or something like that.
    And nobody can do anything.

  21. PloppyPants9000 on

    How it goes behind the scenes:

    Trump: “Okay everyone, have you placed your trades yet? I am about to post this tweet to manipulate the markets! you got five minutes to make it happen!”

  22. Shoeprincess on

    … no f’ing shit. This has been going the entire time now they are just super blatant about it because no one will call them out.

  23. Calm_Chemist_4952 on

    The window of opportunity is small. The timing is narrow. And, the evidence will be found. Follow the money. Who got rich? Who did they communicate with? How do those communications link back to the white house inner circle? Who will cooperate to avoid prosecution? There are plenty of guilty parties. They all know who they are. They may think they’re safe now. Maybe for some that will be true. But not for all. A day will come, and examples will be made. Until then sleep well if you can.

  24. WE ALL KNOW

    From tariffs to Iran. The whole thing has been a giant pump & dump.

    But nothing is going to happen. So it doesn’t matter.

  25. MoonBatsRule on

    If they’re “winning” this money, they’re winning it from **YOU**. People need to appreciate this more fully.

  26. This insider trading is happening in international markets based off of an international war. Trump and his cronies should be tried on the global stage.

  27. So Trump is literally playing games with WARS with other countries to manipulate the market and make himself and others money? Who would have thought a good, honest, upstanding man like Trump would DO such a thing?

    *If only someone would have warned us* that he was capable of doing things like this!

  28. bicycle-made-for2 on

    I suppose that all the sycophants who have supported him in his nefarious deals MAY pay for their weakness sometime, but with the USA being the way it is, I am not holding my breath!

  29. OutatimeBTF1985 on

    All you need to know about his actions can be found in the movie Wolf of Wall Street. It’s a rat hole

  30. NO SHIT! It’s all a grift. he’s a grifter. WHAT THE ACTUAL FUCK DID YOU EXPECT TO HAPPEN?

  31. He turned the US market into one of his casinos, where the house always wins until they go bankrupt.

  32. Broad-Lobster7470 on

    Glad someone’s actually calling it out. Insane this behaviour is allowed. Everyone knows