From ASIC today:
"In sentencing Mr Lind, Her Honour Judge Tracey stated “Such offending cannot be characterised as victimless and it is properly described as a form of cheating. Other traders did not have the same opportunity to profit as you did and, speaking more generally, such offending undermines the integrity of the market and brings with it a loss of faith in the system. This type of offending is difficult to detect and to investigate.”
Might be hard to investigate but certainly not hard to detect. Bit of a joke really.
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The Brains Trust-2019, page-307
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