To put it simply: Chey wanted to buy the stock on the cheap, so he had Leo pump the SKHY IPO, then told KIS to crush it. That liquidated Leo, who in turn liquidated everyone else, and now Chey gets to buy something worth $3.4 million for $1.3 million—all to fund his divorce settlement. Meanwhile, Ken Griffin helped out by stoking fears of a Fed rate hike.

To put it simply: Chey wanted to buy the stock on the cheap, so he had Leo pump the SKHY IPO, then told KIS to crush it. That liquidated Leo, who in turn liquidated everyone else, and now Chey gets to buy something worth $3.4 million for $1.3 million—all to fund his divorce settlement. Meanwhile, Ken Griffin helped out by stoking fears of a Fed rate hike.

Source:https://x.com/jukan05/status/2082956110001242135