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Submission + - Day traders convicted for tricking trading machine (ft.com) 2

An anonymous reader writes: Financial Times reports that day traders Svend Egil Larsen and Peder Veiby have been fined and handed suspended prison sentences for working out how a computerized trading system would respond to certain trades and profiting from "illegal trades." While sympathy for the two day traders, and admiration for their triumph of of man versus machine, is widespread, "Christian Stenberg, the Norwegian police attorney responsible for the case, said any admiration for the men was misplaced. 'This is a new kind of manipulation but it is still at the expense of other investors in the market,' he said."
The Almighty Buck

Submission + - Wikileaks donations account blacklisted (guardian.co.uk) 2

Scrameustache writes: The whistleblowing group WikiLeaks claims that it has had its funding blocked and that it is the victim of financial warfare by the US government.

Moneybookers, a British-registered internet payment company that collects WikiLeaks donations, emailed the organisation to say it had closed down its account because it had been put on an official US watchlist and on an Australian government blacklist.

The apparent blacklisting came a few days after the Pentagon publicly expressed its anger at WikiLeaks and its founder, Australian citizen Julian Assange, for obtaining thousands of classified military documents about the war in Afghanistan.

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