Infamous computer hacker Andrew “Weev” Auernheimer is putting his skill set to use, along with his inside knowledge of hacker activities, to start a new hedge fund.  The fund will identify and then short stocks when they believe could be subject to a hacker vulnerability.

Hacker hedge fund

Hacker hedge fund: Is new strategy “slimy?” or “white hat?”

When asked in a CNBC interview if his tactic was “slimy,” Auernheimer entered a new argument seldom heard among activist hedge fund managers, a label the nearly 30-year old convicted hacker now officially wears. But is the man known for hacking into AT&T, a conviction that was later vacated, wearing the white hat now?


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