US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

The law and order party is the party of chaos and disorder now, and they also have lathered on a thick layer of corruption fondant

US corruption is insane

Just keep enough people scared of gay people and immigrants and you can keep getting away with anything you want.

On January 20, 2025, President Trump signed Executive Order 14148, which rescinded the Biden-era executive order that required executive agency appointees to sign ethics pledges restricting gifts from foreign and private sources. If fact Trump said they no longer need to report those "gifts" From his first day in office it was clear this Presidency was going to be all about make as much cash as you can no matter how corrupt.

What a surprise, I'm shocked.

Something something drain the swamp, something something corruption and waste...

I retired in 2019 after being an air traffic controller with the FAA for 30 years. As an air traffic controller, I was forbidden from buying stock in ANY aviation related business. The ban also included my wife and children. For example, I couldn't even own stock in a company that made bolts if they sold bolts to Boeing. The only way I could buy/hold/sell stock thatt was aviation related was if it was stock held in part of a stock index fund like the S&P 500 for example. Once a year, I had to review code of conduct info which included info on owning stocks. These types of bans apply to every government employee so it amazes me that all of these grifters, including Congress members, get away with dealing in stocks based on what is clearly the result of insider information. Rules for thee but not for me...

this guys just know how to pick themselves up by the bootstraps better than the rest of us /s

Just another narcissistic conman. Typical Trump appointment . Not only did he get fired from Uber, but got fired for sexual harassment. He said this about Anthropic, “What I can’t do is have any one company impose their own policy preferences on top of the laws and on top of my internal policies,”. Not the policies of the government, not the policies of the DoD, but MY policies. Note he has no military experience.

Under Trump this is considered a perk of the job.

Just another day living under the boot of the gop/trump ~~administration~~ ~~regime~~ cartel.

I think people really need to internalized every time once of these corrupt government officials does something like this, it makes your retirement accounts weaker. The money doesn't come from no where. They are using insider information to steal that value from that market that otherwise would have impacted other shareholders. White collar crime should get some of the harshest prison sentences. It has the capacity fkr significantly more human impact even if it's not as visceral as something like violent crime.

From the image of that dude, there is no way you couldn't think this guy is evil and corrupt.

I wish the Democrats had enough of a spine that when they come into power, they go after people like these, and because there's so many of them may pass a law, extending the statute of limitations for crimes committed in the Trump era 

The calls are coming from inside the house!

Tell me more about how regulating capitalism is bad 

This golden age of Crooks and Corruption brought to you by the Republican party

That sounds like insider trading.

Wow! Can’t hide the evil on his face

That kind of insider trading should be illegal if it's not already.

The enshitification of the US military has begun.

Having private investment in a company that is not publicly listed and then influencing said company's government contract screams bribery with a few extra steps.

Classic Trump move ! Imagine if a Democrat had done this ! Automatic arrest and start impeachment proceedings.

How is there any trust in the stock market when there is brazen manipulation? Did we all forget that Trump bragged on video that someone made 1 BILLION because of his tariffs in the White House? Trump wasnt an actual billionaire before but now? He must be worth 50-100B easy.

Someone looked at that face and trusted it.

I read "AI raped millions" I thought wtf it must be the layoffs

He looks like a D*** Tracy bad guy.

The swamp runs deep. Dumbass MAGA voters got us here 🙄

I’ll vote for anyone that prosecutes

Martha Stewart was put in prison for like 45k. These ass hats need to go to prison as well, while we are at it, all mo ey from insider trading should be confiscated. Make it not worth doing at all if you want to stop it.

Nothing suspicious about that timing at all

This should really be tried as treason, not corruption.

Add it to the list of corruption acts of the current administration

How many times was he on the island?

check the greedy grin on dudes face🤬

Christ all f****** mighty. This shit has got to be stopped and hardlined into law. No BS. No more loopholes. Harsh *prison* sentences, etc.

And Trump made money and now we are paying to build his data centers that are taking our jobs.

Elect people who will enact laws to put fuckers like this away The American (and elsewhere) way is that higher up you go and the more responsibility you have the less accountability and consequences you will have and face

I wish the American government had a code of conduct...

And we couldn't do nothing about it. The group inside the SEC responsible for investigating this type of crime has been neutered, so it's free-for-all.

What would the Chinese do to someone who did this?

In other news, the president is hocking palantir stock on truth social so the SEC is certainly dead and buried

This is dumb AND corrupt. At least Palantir is good at what the shady c*** it does. Grok is a low tier AI.

Just curious, he was already holding it at time of hire then divested out it?

Where can I sign up for a similar gig???

The real question is, if we get people in the doj willing to go after these insider traders, how far back can they go?

So insider trading is chill, then?

does this constitute insider trading?

https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-stock-trading-investigation.html#:~:text=From%202019%20to%202021%2C%20183,New%20York%20Times%20has%20found.

As was the fashion at the time

That's why he's smiling?

Conflict of interest or just good timing?

The funny thing is the conservative point of view is always this faux-realism like, yeah, of course, you'd be STUPID not to. They are completely unable to recognize the long term consequences, the erosion of trust, the immorality, etc., etc. of it. Just like yeah, take whatever you can get. Piss in the community well, it's ONLY you doing it so what could go wrong?

In his defense, I'm sure MechaHitler is probably going to be great at killing people.

Yet another reason why functional and legitimate legal systems are needed in modern day societies. Countries with compromised legal systems, such as Russia, America or Nigeria, have rampant corruption and no checks or balances on tax-payer funded employees.

POS looks like Wishmaster.

>US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company He sabotaged xAI's main competitor Anthropic while owning xAI stocks?

He is a real life super villain in appearance.

Smart move to leverage his knowledge?

Why does he look like Frankenstein?

All together now, “Lock him up! Lock him up! Lock him…” where’s all the outrage from the party of law and order, or those demanding to “drain the swamp”?

Common GOP L. They literally can't help themselves when it comes to insider trading

I mean this is always the way, but now they are just brazen about it, or so dumb it looks like they dont care. Investment guru Pelosi makes Buffet look like a chump with her returns.