The 'AI Prophet' Leopold, once hailed by Silicon Valley, saw his positions wiped out overnight. His hedge fund, Situational Awareness, boasted a staggering 439% return in the first half of the year, with its scale ballooning to $45 billion by early July. However, AI infrastructure stocks collectively plummeted, and his short positions on software stocks like Adobe surged in the opposite direction—getting hit from both sides. On July 30, Citadel scooped up the entire stock portfolio at a low price. What’s even more dramatic—on the very same day Citadel took over, those stocks collectively rebounded by 15% to 29%. This series of moves has led some netizens to question whether it was a carefully orchestrated scheme to profit.