Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Bechtolsheim "immediately" acquired Acacia option contracts when learning of the pending purchase by Cisco, which earned him $415,726 in profit when markets opened and Acacia shares rose 35 percent on news of the purchase.

Seems like a relatively small amount of money for a billionaire to risk jail for.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: