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Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading giant Susquehanna Investment Group said it was attempting to unmask the identities of individuals it claims made at least $100 million trading on inside information about a Chinese government crackdown on cross-border brokerages last month.
The Pennsylvania-based market-maker, which says it was the counterparty on most of the alleged insider trades, sued 100 John Doe defendants in Manhattan federal court on Monday. Susquehanna is seeking to recover more than $70 million it says it lost to what it believes...
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May 22, 2026 / Tyler Durden
Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns
Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns
Did the Pentagon just back down amid pressure from China? It appears so. As we reported Thursday, China has been actively holding up a proposed visit by Elbridge Colby, the Pentagon's under-secretary of defense for policy. The move is a transparent effort to pressure President Trump over a looming $14 billion weapons package for Taiwan.
Sources familiar with the talks told the Financial Times that Beijing signaled it "cannot approve a visit until Trump decides how he will proceed with the...
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Jun 15, 2026 / Tyler Durden
Domesticating AI - It's Not Coming, It's Already Here
Domesticating AI - It's Not Coming, It's Already Here
Authored by Howard Armitage via New Atlas,
When my neighbor wanted a vision of what his fence could look like, I didn't hesitate to ask ChatGPT to create a mock-up. I took a photo of the fence and asked it to overlay a potted Jasmin espaliered to it, after a couple of tweaks, and all of about one minute later, it gave me this:
AI-generated mock-up created from the author’s original fence photograph
Howard Armitage
During a recent conversation with a diving buddy, he pulled...
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Stefan Molyneux
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