Wednesday, May 27, 2026 4:46:59 PM
Laws broken by Josh Cohen’s actions (per the texts):
• Section 10(b) of the Securities Exchange Act of 1934 + Rule 10b-5: Illegal insider tipping of MNPI (deals, production, “stock will fly”) and potential stock manipulation. saputo.law
• Regulation FD: Selective disclosure of material nonpublic information to outsiders instead of the public. statutes.capitol.texas.gov
• Texas Penal Code § 31.04 (Theft of Service): Admitting intent to avoid payment for vendor services; Texas-based operations make this applicable. With aggregation under § 31.09 for continuing conduct/scheme, it escalates to a first-degree felony if total value ≥ $300,000 (up to life in prison + $10k fine). saputo.law
• Section 10(b) of the Securities Exchange Act of 1934 + Rule 10b-5: Illegal insider tipping of MNPI (deals, production, “stock will fly”) and potential stock manipulation. saputo.law
• Regulation FD: Selective disclosure of material nonpublic information to outsiders instead of the public. statutes.capitol.texas.gov
• Texas Penal Code § 31.04 (Theft of Service): Admitting intent to avoid payment for vendor services; Texas-based operations make this applicable. With aggregation under § 31.09 for continuing conduct/scheme, it escalates to a first-degree felony if total value ≥ $300,000 (up to life in prison + $10k fine). saputo.law
You can just text Josh Cohen and have him give you insider information (important stuff btw) pic.twitter.com/CfNR9g66iK
— Kyle Mitchell (@opinioncasino) May 27, 2026
Bearish
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