Blockbuster Lawsuit: Whistleblower Alleges Reuters Releases Data Early to HFT Clients
Very interesting, but unsurprising, allegations have surfaced in a lawsuit brought forth by former Thomson-Reuters employee Mark Rosenblum that alleges the company released sensitive economic data early to HFT (high frequency trading) clients. Now this should come as no shock to anyone, considering it has become crystal clear that the entire economy is essentially simply one giant oligarch-run fraud that is designed to take the wealth and labor of 99.9% and funnel it all up to them. This realization is a large drive behind the recent success of Bitcoin, as people are simply desperate to get free of the parasitic banking system at all costs. From Reuters:
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In the lawsuit, filed on Wednesday in Manhattan federal court, Mark Rosenblum said he was terminated after telling U.S. authorities that the Thomson Reuters/University of Michigan Surveys of Consumers was released at different times to different subscribers.
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