Hedge Fund Traders Suspected of Insider Trading in the British Pound, Following a Dinner With Liz Truss.
This dinner took place a week before the announcement of his shock economic program for the UK.
Did some hedge fund traders get the news about Liz Truss' economic program before others? Her announcement caused rates to soar and the pound to plunge late last week. Insider trading in foreign exchange is much rarer than in stocks, but not impossible.
According to the Sunday Times, the British Prime Minister held a dinner with the hedge fund managers w…
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