THE USSEC INVESTIGATED THE AI EQUITY FOUNDATION DISCOUNT CLEARING INCIDENT

On 25 August, according to The New York Times, the United States Securities and Exchange Commission (SEC) is investigating the recent collapse of the AI hedge fund, Situational Awarenes, and has issued summonses to the main Wall Street bank involved in the fund ' s transactions, which provides leverage. According to the sources, the SEC requested the bank to provide the time node of the Fund ' s transactions and the relevant information on its communication with lenders on the loaned funds and to keep all information related to the Fund。