People familiar with the matter: Elliott Investment Management has sold almost all of its SoftBank shares

[Informed sources: Elliott Investment Management has sold almost all of its shares in SoftBank] According to news on August 16, people familiar with the matter revealed that Elliott Investment Management has sold almost all of its shares in SoftBank. Up to $2.5 billion in SoftBank shares. People familiar with the matter said Elliott's move was due to a complete loss of confidence in SoftBank Group's ability to invest. (Financial Times)

Other news:

Informed sources: The US SEC and the Department of Justice are investigating FTX: On November 10, according to reports from The Wall Street Journal citing informed sources, the US Securities and Exchange Commission (SEC) and the US Department of Justice are investigating FTX. Staff at the agency were in close contact on Wednesday. The Justice Department is responsible for prosecuting criminal violations such as fraud, while the SEC is responsible for enforcing civil investor protection laws. Additionally, state regulators have previously been investigating whether FTX and FTX.US offered derivatives trading services to U.S. clients without registering with federal regulators.

According to previous news, Binance decided to abandon the acquisition of FTX. SBF once told investors that FTX faced a funding gap of up to US$8 billion, and FTX would file for bankruptcy if no new funds were injected into it. [2022/11/10 12:42:04]

Informed sources: a16z encryption fund has evaporated about 40% in the first half of this year: According to news on October 26, a16z encryption fund has evaporated about 40% of its value in the first half of this year. Shares alone lost $2.9 billion, and are currently adjusting, with nine crypto startup investments announced in the third quarter of this year, down from a high of 26 in the fourth quarter of last year. (Wall Street Journal) [2022/10/26 11:44:55]

People familiar with the matter: Steve Cohen’s hedge fund Point72 plans to enter the encryption market: According to people familiar with the matter, the hedge fund Point72 of the famous American hedge fund manager Steve Cohen (Steve Cohen) plans to enter the encryption market. The company is currently trying to bring in the right talent. As of July last year, Point72's asset management scale has reached US$17 billion. (The Block)[2021/5/13 22:00:12]