[HN Gopher] A federal court judge ruled that these emojis are fi...
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       A federal court judge ruled that these emojis are financial advice
        
       Author : shayanbahal
       Score  : 17 points
       Date   : 2023-02-24 19:38 UTC (3 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | lcnPylGDnU4H9OF wrote:
       | Communications in question:                 {crown}ALL
       | HAIL!{crown}            @pranksyNFT scooped up this Legendary
       | LeBron James Moment from our Cosmic Series 1 set for $49,000
       | {rocket}{rocket}{rocket}            That is a new record-setting
       | acquisition for any NBA Top Shot Moment on the marketplace ... so
       | far {stock chart}{stock chart}{stock chart}
       | 
       | And                 50K+ packs purchased last 36 hours {rocket}
       | $450K+ marketplace sales last 24 hours {stock chart}       $2M+
       | marketplace transactions over last week {stock chart}       $10M+
       | sales in beta {money bag}            #NBATopShot is just getting
       | started {fire}{fire}{fire}
       | 
       | Court opinion:                 Each Tweet promotes a recent sale
       | or statistics of recent sales of Moments on the Marketplace. And
       | although the literal word "profit" is not included in any of the
       | Tweets, the "rocket ship" emoji, "stock chart" emoji, and "money
       | bags" emoji objectively mean one thing: a financial return on
       | investment.
       | 
       | https://twitter.com/LisaBraganca/status/1628868431696068608
       | 
       | I don't find myself disagreeing with the court on this one.
        
       | alexb_ wrote:
       | A shocking amount of people in the twitter thread are writing
       | this off as if it's completely silly. I don't see why. Those
       | emojis very clearly and obviously make an implication that the
       | price will go "to the moon", or that the chart will look just
       | like the emoji of a chart going up. Especially when you say right
       | next to it "this is just the start". It's no different than
       | saying "the price is rising and you need to get in now".
       | 
       | Courts aren't stupid. They understand how human language works.
       | It's still financial advice whether or not you use emojis to
       | communicate it.
        
         | Mystery-Machine wrote:
         | You pointed it out well - within the context of the rest of the
         | message, these emoji, _together with the Res of the message_,
         | could sign a financial advice. Without the rest of the message,
         | no.
        
           | Pet_Ant wrote:
           | I mean if NASA posts a rocketship prior to a launch it's not
           | "buy"-advice. It's clearly a contextual thing.
        
         | RcouF1uZ4gsC wrote:
         | That a former SEC Branch Chief is posting this is not a good
         | look. It makes you wonder if the person had a soft spot for
         | certain types of scams.
        
         | Oxidation wrote:
         | Right? B-U-Y is just three letters from a 26-letter alphabet,
         | and yet that's obviously possible to be advice.
         | 
         | > Courts aren't stupid. They understand how human language
         | works.
         | 
         | Quick! make it a smart contract and we can get rid of that
         | defect!
        
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       (page generated 2023-02-24 23:02 UTC)