- On March 3rd, he authored the TikTok Ban Bill
- On March 22nd, he invested $150,000 in META
- On the 26th, he invested another $150,000
- On the 28th, he invested another $150,000 So about three weeks after writing the TikTok Ban Bill, this man invested $450,000 in TikTok's competitor. Oh, and then what did he do once he saw his TikTok ban was gonna be included with all the Ukraine funding: On April 1st, he invested $350,000 more in META, followed by the fifth where he invested that again. Then about a week later, of course, he voted yes on the bill he wrote.
So within the span of 40 days, this dude wrote the TikTok ban bill, proceeded to invest $450,000 in the competitor, and then invested another $700,000, taking his total investment and META at a $1.15 million.
That seems like a blatant crime. It doesn't seem like any more evidence should be needed to make an arrest and conviction.
Those META stocks should be distributed to the tax payers, who he was supposed to be serving, and he should go to prison.
They made an insider trading exemption for themselves.
It's perfectly legal.
Maybe RICO would work.
RICO sounds good to me.
If they were committing the crime before they made the law, can they be arrested for that?
They are allowed to trade, but if they are writting bills to make money,RICO would apply in my book.