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SpaceX engineer guilty of selling ‘insider trading’ tips

An engineer working in SpaceX has pleaded guilty to his engagement in the dark web and its utilization as a platform to sell ‘insider trading tips’ He has been booked by the SEC for securities fraud. The case was the first in which the SEC has brought an enforcement action alleging securities violations on the dark web.

The dark web allows users to access the internet anonymously and is often used to host websites that support illegal activity.

Source: Reuters

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