SEC subpoenas Wall Street banks over Situational Awareness fund trades and leverage
The SEC has launched an investigation into the near-collapse of Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness LP, subpoenaing major Wall Street banks for details on the timing of trades, borrowing, and communications with lenders regarding the fund's heavy leverage. The fund reportedly suffered a $35 billion loss and was forced into a fire sale to Citadel.
Detected & updated continuously · Source: Nebula
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@unusual_whales
BREAKING: The SEC has launched an investigation into the trading of Leopold Aschenbrenner's Situational Awareness fund, per NYT. The SEC sent subpoenas to multiple banks that gave Situational Awareness money to trade with, asking for details about the timing of trades and
@Sam_Badawi
The SEC has reportedly subpoenaed banks over Situational Awareness, per the NYT. This story is heating up every week. https://t.co/pBsOdNEiPN
@Sam_Badawi
Here are more details on the subpoena. We already knew the SEC had subpoenaed banks tied to Situational Awareness, but what’s new is that regulators are seeking details on the hedge fund’s trades, borrowing and communications with lenders. At its peak, the fund managed over https://t.co/S8J5LEdSF3
@WhaleInsider
JUST IN: 🇺🇸 SEC subpoenas major Wall Street banks for information on trades and leverage tied to AI-focused hedge fund Situational Awareness - NYT. https://t.co/E1xXTeo63J
@theincomewheel
SEC just subpoenaed the big banks over Leopold Aschenbrenner’s Situational Awareness. They’re demanding details on the timing of his trades and every communication about the massive leverage the banks fed him. From OpenAI researcher → viral essay → $45B AI hedge fund → https://t.co/SVEl7p5RvI
@CPOfficialtx
BREAKING: 🇺🇸 The SEC subpoenas banks for details on Situational Awareness. https://t.co/OZJLUCuzOo
@blckchaindaily
🚨 SEC SUBPOENAS MAJOR WALL STREET BANKS OVER TRADES, LEVERAGE TIED TO ASCHENBRENNER'S SITUATIONAL AWARENESS FUND
@PolymarketMoney
JUST IN: SEC has subpoenaed major Wall Street banks over trades and leverage tied to Leopold Aschenbrenner’s AI-focused hedge fund Situational Awareness.