So we have people who “invest” (bet) on the deaths of other people and then try to cheat on those bets by obtaining inside information about it? Do I have this right?
If so, what a sick, sick nation we have become!
What is being described is planning a tragedy or Black Swan event and shorting stock that will fall when your tragedy occurs. Plan to assassinate Trump & bet a stock linked to him will fall when he is killed.
Congress also bets on stocks that will go up using information they alone are privy to. (Insider trading)