The illegal question is interesting, but I can't believe you're questioning why it's immoral. If it is an intimately revealed detail, it can be a huge breach of trust. My closest friends know things about me that I wouldn't want other people to know, and vice versa. I'd be a really piss-poor friend if I extorted money out of them to not reveal what they have told me confidentially... and if one of them did that to me, you can bet your ass that close friendship would be over.
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