Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming

WildShark states that whales do receive advanced I formation: https://www.iontalk.net/t/sharkys-ion-faq/224/6

How is this not insider information? If a single ION was purchased by the whales while having advanced information is considered insider trading. Korvas just stated that he has been buying ION the entire time.

Could someone logically explain how this is not insider trading? All the word gymnastics going on about it must have me confused, my apologies.

It's only bad when others do it.

Whales have been constantly buying, whether there is news or not. They have been investing from the beginning because they believe in this project. Ion price has been fairly steady for some time, there is not really anything exciting about the trading. I think the volume in ionomy now is mostly from people buying ion's for master nodes.

I'm still not sure I understand why those whale meetings need to be "secret" then. If there is no "insider" info (?) and it's all just constructive development discussion then what/whom could it possibly hurt if it were made public?

It is constructive development discussion as you say, also based on new developments that will be made public as well. Whales get the chance to discuss and give their opinion, and the team listens.