Is Citadel, the so-called "AI stock guru", pulling a rug pull? The firm hyped rate hike expectations to stoke panic, acquired assets at low prices, and the price surged on the same day.
2026.07.31 09:01:15
Leading Wall Street institution Citadel took over most of the portfolio of the fund owned by AI stock guru Leopold Aschenbrenner yesterday. The news sparked heated discussions in the community, centering on conspiracy theories about Citadel targeting the AI stock guru. Public information shows that Citadel recently hyped the Federal Reserve interest rate hike theory, stoking market jitters. Combined with the market’s earlier overheated rally, this ultimately triggered a market plunge. The plunge led to margin calls on Situational Awareness, the fund under the AI stock guru. However, the Federal Reserve did not actually raise interest rates. Notably, on the very day Citadel took over most of the fund’s portfolio, related stocks surged across the board. Its heavyweight holdings—Nebius, SanDisk, Micron, and CoreWeave—mostly rose by more than 20% yesterday.
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