Welcome back to the channel everyone today, i want to talk about the massive wall street fraud crackdown and how bill huang is only the start. I also want to talk about how some of these large banks and institutions are secretly selling their stocks behind closed doors. So stay tuned and let's make some money - and i want to dive straight in with the key information so unusual wales, tweeted, saying that u.s investigators are mapping out a crackdown on wall street bill. Huang was just the start per bloomberg, so this takes us to a new bloomberg article saying that wall street isn't ready for the crackdown coming its way.

It says federal investigations into questionable trading practices are on the rise and the fate of bill huang and his firm are kagos may await others in the finance industry. Okay, what this article is saying is: there will be other hedge funds that end up going bankrupt and being liquidated, and there will be other hedge fund managers that end up in jail. It says bill huang's lawyers couldn't believe it. The fallen, billionaire investor was sitting in federal custody in manhattan.

Less than 48 hours after his legal team had visited prosecutors to talk them out of criminal charges. The effort seemed to be going well until the fed scooped up hwang at daybreak on april 27th to face 11 felony charges and potentially the rest of his life in prison. These investigators, don't just want some civil charges and a small penalty to be paid they've, racked up a potential 380-year prison sentence, and it says all of wall street should pay close attention. The hang case marks an upswing of federal investigations into a slew of suspected trading abuses and the article even says that three other broad enquiries have emerged in recent months to examine so-called block trades short sales and well-timed wages.

It says they all center. On the same question, which is, are the markets rigged? Now? I think it's brilliant that these federal investigators are putting short sales and well-timed wages into the same basket of market abuse that bill huang was committing ak. We will see some abusive short-selling firms being liquidated and going bankrupt and abusive short-selling hedge fund managers being thrown in jail. Byron administration officials have spent the past year laying groundwork to pursue white-collar crime.

More aggressively rolling out policy changes some disclosed and some not that will make probes easier to start faster to finish and more punishing now that paragraph or that sentence sounds absolutely brilliant and absolutely brilliant. For the amc squeeze scenario, it's saying that we are seeing undisclosed policy changes to make investigations and arrests even easier and even faster and even more punishing for those abusive short sellers. The usdoj has quietly ratcheted up pressure on big banks to look for market abuses and then turn in staff and clients, and there's growing willingness among prosecutors to use tough federal laws against wall streeters that were designed to target gangsters now. Obviously, this is hinting at that ricoh or racketeering investigation, which is surrounding the entire short-selling community.

It does also say that the sec is seeking larger civil penalties, which obviously we don't really care about, because a the fcc doesn't do their job and b. Those civil penalties will be too small anyway, even if they're, larger but positively. It does say that senior leaders at the agency have stopped accepting ad nauseam meetings with defense attorneys looking to talk their clients out of trouble. Obviously, not too long ago.

A defense attorney for a hedge fund or a large bank could come along to the sec and say hey sec. Please don't investigate my hedge fund client, just walk away and seemingly the sec absolutely did just that. Obviously, it's not good that the sec did just walk away from potential criminal investigations, but i guess it is a positive change that senior leaders have now stopped doing that. Gerbigoral, the head of the sec's enforcement division said: there's a perception that there are two sets of rules which obviously there's that perception, because there absolutely is two sets of rules.

He said we want everyday americans to have confidence when they invest in the markets. They should have confidence, knowing there's a dedicated group of professionals to deal with new threats, traditional frauds and making sure that their retirement money is safe. Now, obviously, everyday americans should have confidence, knowing there is a professional enforcement division. That does not make two separate books of rules that is what's going on at the moment, so hopefully, gerber girl does make some changes.

So far. This article does seem like changes have been made or changes are being made, especially with the bill huang arrest. I would just like to see more rests being made in the future. Now i think one of the most important paragraphs in this entire article is where it says the deputy attorney general lisa monaco commended manhattan investigators on the speed of their 13-month investigation, which is unusually fast for wall street.

Where targets often have the best lawyers. Money can buy. She said this is exactly the kind of criminal case that the doj should prioritize and she then dropped a hint by saying the doj will continue to do so, and importantly, it says: behind the scenes the feds have been gathering information on dozens of banks, investment firms And their executives as part of other sweeping probes, and i also want to talk about how banks and large institutions are secretly selling off their stocks and guys, if you didn't already know, you can currently get five free stocks worth up to three thousand five hundred dollars. Each and a free share of twitter, on top of that, when you sign up to moomoo using the link in the description below and make your first deposit and on top of that, moomer and future have also officially announced that future does not accept payment for order Flow and therefore you don't have to worry about your trades, going through sketchy, dark pools or being given to sketchy market makers.

Like citadel, i mean we also recently won the award for being the best trading platform at the fintech breakthrough awards. Moomoo is very easy to use it's incredibly customizable and it will help you to trade like a pro. Memo has tons of technical indicators and advanced charting tools, moomi publishes daily short selling data position, cost distribution and much much more so guys before to sign up to moomoo, using the link in the description below to get up to 17 500 in free stocks and a Free share of twitter, on top of that, as the maverick tweeted saying the flash crash overnight in europe is a source for concern. He said a major market participant liquidated billions of dollars worth of assets.

This was obviously partially covered up by market regulators saying they saw no reason as to why stock prices fell, but obviously it's because a large market participant aka citibank liquidated billions of dollars worth of assets all at once. Obviously, over the last few weeks, in the last few months, we've seen the total market capitalization of the u.s stock market, falling from over 120 trillion dollars down to around 107 trillion over 13 trillion dollars has been wiped out of the stock market. In the last few weeks and months since those december highs and as investing.com reports, the u.s equity funds have posted a third weekly outflow. So it's not just the prices of stocks crashing, but it's also, these large investment funds and banks withdrawing money from the stock market and just holding more cash.

These large institutions are withdrawing money from etfs they're, withdrawing money from tracker funds, from mutual funds and just directly out of the stocks and holding more cash. It says: u.s equity funds witnessed a third weekly outflow in the week to april 27th, as investors worried about slowing global growth and more aggressive federal reserve. U.S investors exited equity funds worth a net 10.5 billion dollars in that singular week, and that was also 34 lower than the previous week's outflow as well, and that's just 10.5 billion dollars being withdrawn from equity funds not being withdrawn from the entire market or from etfs Or from everything else, obviously, in my last few videos, i've covered so many headlines and so many articles of large banks and the feds saying how the market crashes almost a certainty. At this point, and obviously these big banks and institutions are preparing for the almost certain recession by withdrawing money out of the stock market and converting to a larger cash holding.

Yes, obviously, the dollar will end up weakening over the coming weeks and the coming months, but it's better to hold on to a weakening dollar than it is to staying stocks that could potentially crash by 70, 80 or 90 percent and cnbc reported that hedge funds are Selling tech shares at their fastest pace in a decade as rates spike. Surging bond yields of triggered hedge funds to sell growth, focused technology shares at a speed not seen in the past decade. The hedge fund community dumped tech stocks in the four sessions between december and early january as the interest rate spiked. I wish that supports my hypothesis that even hedge funds are dumping stocks and converting to a more cash-based holding and, as a result, gold telegraph has tweeted saying breaking news: the cost to ensure bonds of goldman sachs, morgan, stanley and citigroup aka credit default swaps against default.

Hit two-year highs on monday aka, it's equally as expensive, right now to take out credit default, swap insurance on the largest banks, as it was back in early march of 2020, just as the pandemic was announced, and even in terms of amc, we're also seeing tons and Tons of hedge funds reduce exposure on their positions and buying tons and tons of calls. Obviously, in my video a few weeks ago, i spoke about a number of different hedge funds that had added tons of calls and sold off tons of puts, and today, we've also seen simplex trading doing the exact same thing. Even simplex trading has sold off a whopping 218 000 put positions and purchased a giant 2.2 million call options as of their latest quarter. One 2022 filing simplex trading per their reported position is now net long on amc, holding way more call options than they are put options.

This goes to show that even these large hedge funds and institutions are now changing face when it comes to amc, because they know the market is crashing and they know that amc will squeeze. All of these large hedge funds and institutions are now trying to build a net long position on amc so that, when it does squeeze, they can make profit guys be sure to. Let me know down in the comments below what you think about the massive wall street fraud crackdown and about all of these hedge funds and institutions secretly selling their stocks and as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to the channel and ding that notification bell, because that way, you'll be alerted when i upload a new video cheers.