Dobryi Kot pfp
Dobryi Kot
@dobrykot
Two Russians are being tried for cheating a robot. In 2022, two traders were able to cheat the trading bot of the American W-Imperial Holding. The bot was engaged in securing transactions and finding buyers for those who want to sell shares. If there were no buyers, the robot bought the shares itself to maintain the image of W-Imperial Holding. Traders chose low-turnover stocks that no one was trading, bought them, artificially raised the price, and then sold them at a higher price to a trusting robot. Thus, the guys managed to earn 154.6 million rubles.
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Pavel	Brandys pfp
Pavel Brandys
@brandy830
This case highlights the vulnerabilities of automated systems to manipulation by humans, raising questions about the need for better safeguards and oversight in the use of AI in trading and other sectors.
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