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Situational Awareness loses 67% after leveraged AI stock selloff

Verifying
  • Situational Awareness nearly collapsed after leveraged AI and semiconductor positions lost value.
  • 67%: The fund’s portfolio decline reduced assets from approximately $45 billion to around $10 billion.
  • SEC subpoenas target Wall Street banks over leverage and trading practices surrounding the fund.
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Situational Awareness loses 67% after leveraged AI stock selloff - CoinPost Terminal