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SnapChat being used for insider trading?

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On HN

http://www.newser.com/story/171132/jim-cramer-hints-snapchat-helps-insider-trading.html Jim Cramer tells the Feds about Snapchat: “My daughter and I Snapchat. OK, it disappears in three seconds,” Cramer said. “Can the bad guys Snapchat, ‘Go buy Leap Wireless’ at 3:45 on Friday and get away with it, because you don’t have the technology to stop it?”

Comments

If anyone is using snapchat for insider trading that is extremely careless, I don't have time to find the article but there was a post here on HN about how to recover all the old snapchat images on the phone.

If you want to keep something a secret, using a pgp encrypted message would be far safer than SnapChat.

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