Is it illegal to spread devastating rumors about a company that you are...

Flameblow
Flameblow

Is it illegal to spread devastating rumors about a company that you are shorting?

Like say I have a 1000 social media bots saying that the company promotes pedofilia or something.

All urls found in this thread:
https://yourlogicalfallacyis.com/slippery-slope
SniperGod
SniperGod

Yes slander is illegal

BlogWobbles
BlogWobbles

@SniperGod
What if you use proxys? Do the feds even give a fuck about some penny stock?

JunkTop
JunkTop

@Flameblow
It is illegal in most countries, but you can circumvent that by planting false information, even vague, and then overreacting.

But, as a bussinessman myself, i kindly ask that you first try to solve this problem with discussion before ruining his fame.

CodeBuns
CodeBuns

@BlogWobbles
I just said it was illegal, not whether it would attract law enforcement attention or not.

StrangeWizard
StrangeWizard

is libel illegal
Of course it is you fucking idiot

@BlogWobbles
The feds will care if 1000 bots are spreading blatant lies about a no-name company because that is obvious market manipulation.
Even if they don't, the company itself will sure as shit come after you for tarnishing their reputation and you will probably be bankrupted.

New_Cliche
New_Cliche

Freedom of speech my ass

Ignoramus
Ignoramus

@Flameblow
Yes.
That's why you should short a company that has actual problems you can shout about all day long.

Nojokur
Nojokur

@New_Cliche
Freedom of speech doesn't allow you to violate someone else's rights.

Stark_Naked
Stark_Naked

@New_Cliche

Make article on popular blog accusing someone of being a pedophile and posting all of their personal information

MUH FREEDOM OF SPEECH

Enter movie theater, start yelling "FIRE FIRE BOMB BOMB FIRE!!!!!!!!" at the top of your lungs

MUH FREEDOM OF SPEECH

Walk into crowded area or bank, yell "I'M GOING TO KILL EVERYONE!!!!!!!!!!!!"

MUH FREEDOM OF SPEECH

Walk up to big burly black people and yell "FUCKING NIGGERS"

MUH FREEDOM OF SPEECH

Call police department and say there is an armed robbery and kidnapping occurring at someone's home or store falsely

MUH FREEDOM OF SPEECH

TreeEater
TreeEater

@Stark_Naked
Yep, that's freedom of speech. At the moment you put a rule against one, you give an opening for more to happen.

But freedom of speech doesn't mean no reaction. A guy yelling you get his ass kicked by bystanders or security of the place.

Snarelure
Snarelure

@TreeEater
So do you believe freedom of movement, guaranteed by the UN charter on human rights, allows you to squat in your neighbor's house?

Burnblaze
Burnblaze

@TreeEater
Exactly

So you're free to say it but it's illegal and you will get sued, how is that different?

Evilember
Evilember

@Stark_Naked
Nothing wrong with calling niggers niggers.
Double points if they attack you and you shoot them in self defence.

RumChicken
RumChicken

@TreeEater
/biz/ legal advice
1919 supreme court
Try reading a book newfriend

BinaryMan
BinaryMan

@Evilember
Very edgy

go back to /pol/ if that's the only thing you got out of the entire post

Garbage Can Lid
Garbage Can Lid

@BinaryMan
Hi ledditboy. Are you angry?

Evil_kitten
Evil_kitten

@Flameblow
what is legal is finding an exploit, shorting the stock, then publicly exposing the vulnerability

must be something big that can't be easily fixed like a hardware issue

happy_sad
happy_sad

@JunkTop
Is it illegal to spread devastating rumors about a company that you are shorting?
as a bussinessman myself, i kindly ask that you first try to solve this problem with discussion before ruining his fame
Yes, always try extortion first. It's only polite, and you save on broker fees.

haveahappyday
haveahappyday

@Flameblow
Yes, but it is extremely common.

One good rumour and a large enough short and the rumour looks, at least on the surface, true.

iluvmen
iluvmen

@haveahappyday
To add to this, however, It is important to recognise that idiotic base rumour mongering the likes of paedophilia accusations, etc, are likely to be seen through immediately and followed up with actual criminal charges.

A clever rumour that a destabilised foreign country within which a company has a stake, may be on the verge of civil war... That is a crafty play.

Techpill
Techpill

@Stark_Naked
Make article on popular blog accusing someone of being a pedophile and posting all of their personal information
legal
Enter movie theater, start yelling "FIRE FIRE BOMB BOMB FIRE!!!!!!!!" at the top of your lungs
legal
Walk into crowded area or bank, yell "I'M GOING TO KILL EVERYONE!!!!!!!!!!!!"
illegal
Walk up to big burly black people and yell "FUCKING NIGGERS"
legal
Call police department and say there is an armed robbery and kidnapping occurring at someone's home or store falsely
illegal

Skullbone
Skullbone

@Techpill
libel is legal
inciting panic is legal
Veeky Forums is a great source of legal advice as always.

Burnblaze
Burnblaze

@Techpill
Make article on popular blog accusing someone of being a pedophile and posting all of their personal information
legal

Slandering people by accusing them of a serious crime almost certainly resulting in them getting fired, having trouble to find a new job and possibly reprecussions like violence or other crimes being committed to them due to their full info being posted?

Enter movie theater, start yelling "FIRE FIRE BOMB BOMB FIRE!!!!!!!!" at the top of your lungs
legal

How is causing a public panic and disturbance legal?

Walk up to big burly black people and yell "FUCKING NIGGERS"
legal

Didn't say it wasn't but you'd get your teeth knocked in

RavySnake
RavySnake

@Flameblow
It's called
"Pump and dump "
And you will go to prison

Raving_Cute
Raving_Cute

Jesus.

The traditional exemptions to the First Amendment are slander/libel, obscenity, fraud, incitement, and speech integral to criminal conduct. These are all very clearly and narrowly defined, except for obscenity, but that seems to be on the way out so whatever.

In order to meet the standards for slander/libel, a statement has to be 1) a statement of fact 2) that is demonstrably untrue 3) and results in material damages.

So OP starting up a "news" site that claims Microsoft has a sex dungeon filled with six-years-olds is libel.

Evilember
Evilember

is running a short and distort illegal?

lol

Flameblow
Flameblow

@RavySnake

Pump and dump is the opposite of this; pump and dump is spreading false positive news while long the stock. This is short and distort; spreading false bad news while short the stock.

BlogWobbles
BlogWobbles

@Flameblow
I'll take "Market Manipulation" for a butt-raping in prison, Alex

lostmypassword
lostmypassword

@Flameblow

If you let third worlders spread it for pea nuts and no trace to you it still is illegal.

Fried_Sushi
Fried_Sushi

@Flameblow
Like say I have a 1000 social media bots saying that the company promotes pedofilia or something.
You sound too retarded to pull off this kind of thing anyways, accusations of pedophilia are not subtle and will make anyone write you off as a crazy person (or persons)

you're too much of a joke; the SEC wouldn't even come after you because it'd be obvious that the rumors are dumb and unfounded.

how bad does it it feel to fail at being a criminal

Sir_Gallonhead
Sir_Gallonhead

@TreeEater
At the moment you put a rule against one, you give an opening for more to happen.
https://yourlogicalfallacyis.com/slippery-slope

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