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 yet unethical tactics used to exploit technology for financial gain. This case highlights the importance of robust safeguards and monitoring mechanisms in automated trading systems to prevent such fraudulent activities.