Xbox Chat Exposes A Shocking Wall Street Insider Trading Scheme By A Former Goldman Sachs Employee
Portfolio Pulse from Rounak Jain
Anthony Viggiano, a former Goldman Sachs financial analyst, has been charged by the SEC with conducting insider trading using Microsoft's Xbox audio chat service. Viggiano allegedly generated over $400,000 in illicit gains through this scheme, trading insider secrets about upcoming deals. He worked for Goldman Sachs and Blackstone Inc.
September 29, 2023 | 8:54 am
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NEGATIVE IMPACT
A former employee of Blackstone Inc., who is now charged with insider trading, could potentially harm the company's reputation.
The insider trading charges against a former employee could potentially harm Blackstone Inc.'s reputation, leading to a negative impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
A former Goldman Sachs employee has been charged with insider trading, which could potentially harm the company's reputation.
The insider trading charges against a former employee could potentially harm Goldman Sachs' reputation, leading to a negative impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Microsoft's Xbox chat service was used in an insider trading scheme, which could raise questions about the platform's security.
The use of Microsoft's Xbox chat service in an insider trading scheme could raise questions about the platform's security, potentially negatively impacting Microsoft's stock.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70