Situational Awareness SEC Investigation Explained
The U.S. Securities and Exchange Commission is investigating trading activity connected to Situational Awareness, the artificial-intelligence-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner. The inquiry follows the fund’s dramatic July 2026 losses, when its portfolio value fell 67% amid an AI-stock selloff and margin calls forced it to unload much of its public-stock … Read more