• paddirn@lemmy.world
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    8 months ago

    Is it possible that the stock getting pumped up was a way for foreign governments to legally transfer money to him? Could a government (or multiple governments) launch a coordinated effort to increase the price of a stock through strategic actions? It wouldn’t necessarily need to be a sustained effort, just enough to get it going and give it some momentum, then TrumpCo pulls out and collects on his legal not-a-bribe money.

    • TigrisMorte@kbin.social
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      8 months ago

      It is called Money Laundering and is definitely not Legal. But is hard to prove because Shell Companies doing it and lying makes it very easy to accomplish.

      • AggressivelyPassive@feddit.de
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        8 months ago

        Because a foreign government funneling money into a super PAC is easier to trace and proof intent. Buying stocks is just an investment without any political implications.

        • njm1314@lemmy.world
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          8 months ago

          Not nearly as easy as you might think. Also intent is even harder to prove these days thanks to a certain Supreme Court.

          • AggressivelyPassive@feddit.de
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            8 months ago

            Sending money to an organization that carries in its name that it’s intended to do political actions is definitely a show of intent. And that’s not a legal question. Legally, a Russian oligarch could send money to an American company he owns/controls and that company could then forward that money to a super PAC. Easy to pull off legally, but very open and if it comes out, there’s hardly any denying.

            Buying stocks on the other hand is super simple to do directly and of course a Russian oligarch has a bunch of assets, some just happen to be Trump related stocks. Nothing to see.

    • Flying Squid@lemmy.world
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      8 months ago

      They do have a special master watching things though, don’t they? So it’s going to be difficult to achieve that if that’s what’s going on.