AB Kuai.Dong
AB Kuai.Dong|Jul 31, 2026 02:11
With the completion of the transaction, the remaining stock positions of AI stock god Leopold were acquired at a bargain price, reportedly by Citadel hedge fund, led by Wall Street veteran Kenneth Griffin. The dramatic twist? Citadel hedge fund had previously stated that the Fed's unexpected rate hike in July caused market panic, indirectly accelerating the decline of AI stocks and forcing Leopold's 4x leveraged fund to liquidate at the bottom. This allowed Citadel hedge fund to scoop up the remaining positions of AI stock god Leopold's fund at a low price. At this point, their fund had already shrunk to around $10 billion. The most ruthless capital market story of 2026: the young AI stock god got played hard by a Wall Street veteran.
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