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I doubt that actually happened since Second Measure exists.



It did happen [0], and there was previously discussion on HN [1]. They were later ordered to pay a penalty of $13.5 million, 3x their gains [2].

[0] https://www.bloomberg.com/opinion/articles/2015-01-23/capita...

[1] https://news.ycombinator.com/item?id=8966817

[2] https://www.reuters.com/article/us-sec-capital-one-fin-insid...




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