TheMonkeyPickler t1_jdecwz0 wrote on March 23, 2023 at 8:02 PM

Can you do it? maybe. Can you do it without going to jail? Probably not

Highlanderlynx t1_jdedoip wrote on March 23, 2023 at 8:06 PM

Really? Thiel managed to do it without going to jail.

AnonFor99Reasons t1_jdeidfp wrote on March 23, 2023 at 8:36 PM

He's a billionaire. There's a difference.

Highlanderlynx t1_jdeijsp wrote on March 23, 2023 at 8:37 PM

TopXKiller t1_jdej0o3 wrote on March 23, 2023 at 8:40 PM

"Never attribute to malice that which is adequately explained by stupidity."

TiredPistachio t1_jdhdk2p wrote on March 24, 2023 at 12:29 PM

Look I don't like Thiel, but its more like whispering to your buddies "hey i think there might be a fire, lets get out of this building" vs OP wanting to scream "FIRE!!!!!"

attorneyatslaw t1_jdejm2b wrote on March 23, 2023 at 8:44 PM

A few states have laws against falsely disparaging a bank, but generally you can't get convicted, for First Amendment reasons, unless you are acting with actual malice. Unfortunately, doing this to drive a personal profit of your puts is pretty much the definition of malice.