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.

Innovative use of technology in trading, but ethical boundaries must be respected. Cheating algorithms undermines trust in automated systems. Regulations need to adapt to prevent such manipulations. 