Hacker or Inside Trader?

Someone hacked into a company's Web site to gather data that was to be released to the stock market. The hacker used the data to place deals on the stock market and eventually made over $296K in profits when thee company's stock fell. The hacker got caught by the Securities Exchange Commission (SEC), but guess what happened to the money?

A U.S. District Court judge ruled that the hacker did not get the money from an "insider," that instead he got it from a computer and therefore the judge ordered the SEC to let the man have the money!

You can read about the case over at the International Herald Tribune's Web site

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