SoylentNews is people
SoylentNews
FBI recently obtained iCloud data access from Apple for Senator Richard Burr, as part of an on-going investigation regarding stock sales.
Richard Burr is under investigation for selling his stock portfolio while he was receiving updates from government health officials regarding coronavirus pandemic. The timing of his stock sales preceded the sharp decline in the stock market, just a week later. He had heavily invested in businesses that suffered the most due to the pandemic.
[...] Burr sold between $628,000 and $1.72 million worth of stocks. He was not the only senator to do so, as a few others are also under investigation. His brother in law also sold his shares worth between $97,000 and $280,000, on the same day as Burr's sell-off.
It is against the law for lawmakers to make trading decisions based on classified intelligence briefings that they receive due to their position in the government.
Also at 9to5Mac.
Previously: US Rep Chris Collins Resigns Ahead of Insider Trading Plea Involving Australian Biotech Company
This Website Tracks Which Shares US Senators Are Unloading Mid-Pandemic
(Score: 0) by Anonymous Coward on Monday May 18 2020, @11:08PM (4 children)
Notice how the FBI is attempting to smear him by implying that he used the same iPhone device as several recent jihadi terrorists. Guilt by association.
Fortunately he has a clear cut defense. All he needs to do us tell the judge that his pa learned him to "buy low and sell high" and he was just following that advice.
(Score: 1) by Ethanol-fueled on Monday May 18 2020, @11:10PM (1 child)
He is getting the brunt of this but there are others who are going down as well.
(Score: 2) by SpockLogic on Tuesday May 19 2020, @02:49AM
Overreacting is one thing, sticking your head up your ass hoping the problem goes away is another - edIII
(Score: 2) by HiThere on Monday May 18 2020, @11:13PM (1 child)
Unhhh... this is a warrant to acquire evidence, not for his arrest.
Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.
(Score: 0) by Anonymous Coward on Tuesday May 19 2020, @01:43AM
Do nit logic with trolls unless it is a very cold day.