Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell billions of dollars of technology stock bets that had rapidly lost value, as nervous banks began to demand more collateral for his trades. Bloomberg's Hema Parmar breaks down what happened. (Source: Bloomberg)
Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell billions of dollars of technology stock bets that had rapidly lost value, as nervous banks began to demand more collateral for his trades. Bloomberg's Hema Parmar breaks down what happened. (Source: Bloomberg)
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