technology

Netflix ex-engineer sentenced to prison for insider trading in US

Netflix ex-engineer sentenced to prison for insider trading in US

A former Netflix engineer has been sentenced to two years in prison for his role in an insider trading ring that generated over $3 million in illegal proceeds. The US Justice Department said the engineer shared private Netflix subscriber data with his friend and his brother, who used the information to profit on the purchase and sale of Netflix securities..

technology 2021-12-06 Inshorts