LynAlden on Nostr: An advisor got arrested for giving Federal Reserve trade secrets to China. -First ...
An advisor got arrested for giving Federal Reserve trade secrets to China.
-First thought is, “why does a central bank even have trade secrets?” In that case, the central bank probably isn’t as transparent as it should be.
-Second thought is, “maybe it’s info they have on specific banks rather than their own trade secrets.” In that case the Fed collected trade secrets and then got breached, becoming a third party security hole.
https://www.reuters.com/world/us/former-federal-reserve-adviser-arrested-passing-trade-secrets-china-justice-2025-01-31/
-First thought is, “why does a central bank even have trade secrets?” In that case, the central bank probably isn’t as transparent as it should be.
-Second thought is, “maybe it’s info they have on specific banks rather than their own trade secrets.” In that case the Fed collected trade secrets and then got breached, becoming a third party security hole.
https://www.reuters.com/world/us/former-federal-reserve-adviser-arrested-passing-trade-secrets-china-justice-2025-01-31/