Today I Want to talk about how Ken Griffin is being implicated and sued her fraud in a number of lawsuits I Also want to talk about how the shorts are trying to convince you to sell at a cheap price like 25 per share before the squeeze has even happened since they tuned and let's make some money and now dive straight in with the key information. So buy technology tweet saying Ken what on Earth are you doing Kenneth Griffin has been implicated in an insurance scam lawsuit over two pieces of art that he bought valued at over a hundred million dollars. Now those art pieces suddenly went up in Flames a few weeks ago like that documents warehouse. But now Ken Griffin is implicated in this massive fraud for filing fraudulent insurance claims.

As this meme says, Ken is saying when I buy art and burn down a building to claim the insurance money I make sure to have copies made and valued at the original price that I paid. Now what's happened is that Ken Griffin has bought some art pieces and hidden those original pieces. but he's also created some synthetic pieces, some fake copies and stored them in his full which was magically burnt down. He's then claimed that those fake synthetic copies were the original art pieces and he's trying to claim the actual insurance money on those fake copies.

and now Ken Griffin is being sued by Underwriters at Lloyds of London Great Lakes Insurance Swiss re International and AIG property Casualty Company As a result, Ken Griffin has been subpoenaed and it says that petitioners are entitled to Mr Griffin's account of exactly what he personally observed and discussed concerning the sale and attempted sale of artworks that were in The Creeks during the fire in the form of admissible sworn testimony. And as a result, they've requested tons of documentation evidence for his purchases of those paintings, the value of those paintings, and your negotiations, the inspections, and everything else. But obviously to hide this giant lawsuit. A day after this news story broke, Ken Griffin made a timely 300 million dollar donation to high of its School of Arts and Sciences and that obviously deflected media attention away from his involvement in the art fire event.

Because if you Google the words Ken Griffin and art, the donation story is pushed to the top of the results. Basically, if you try and search for Ken Griffin and art, all you see is tons of articles about his donation and none about this giant lawsuit for fraudulent claims. This really is an all-new level of criminality for Kane Griffin as he's not only scamming stock market investors, but he's now also scamming insurance companies in the art world as well. Hopefully this lawsuit drags out his time where he's forced to pay some kind of restitution and his additional crimes aren't covered.

It also shows that Ken Griffin himself may actually be struggling if he's trying to file fraudulent claims for hundreds of millions of dollars worth of R. Maybe Ken Griffin has some giant payments that are about to forge you that he's so desperate to me he would even commit fraud for in a suspended POS has tweeted. It seems the clowns and the shorts have been giving lowball price targets or 25 to 50 dollars per share frame C But a suspended POS points out Adamaren recently said in his Vegas outing and paraphrasing. he's says, once you destroy the short Sellers and their short thesis, they'll be forced to cover their entire 135 million short chairs.

Now on top of this again, when that short thesis is destroyed, it won't just be those legally disclosed short positions that are closed out of, but all those synthetic shorts as well. When a company is growing and profitable, it makes no logical sense to continue shorting that company. And that's when you'll see tons of funds covering their shorts. This is obviously something I've touched on in my previous videos now.

obviously we know those largest funds are going to try to not close out of their shorts, but we'll see tons of smaller hedge funds closing out of their entire positions. Basically any fun that is currently shorting AMC that doesn't face bankruptcy if they close out of their short Position Will close their shorts And remember that back in June of 2021 when we ran to 72 dollars per share, they only host that of around 20 million legally disclosed shorts. If 20 million legally disclosed shorts being closed out can push us To 72 dollars imagine what 135 million legally disclosed shorts can actually do to the price. Also, guys, be sure to sign up to mainly the sponsor of today's video.

Using the link in the description below, you can currently get up to 15 free shares entirely, commission free trading, a free level 2, Market data, and most importantly of all, MooMoo is very easy to use. It's very clear and concise. They've got tons of technical indicators and advanced charting tools. For a prime example, if we look at the Finger Motion Stop, which has just paid off all of their debt retiring all of those convertible bonds, we can see exactly what's happened to their share price.

After the news was announced that they paid off their entire debt balance, their stock price jumped over 10 times from below one dollar per share to above ten dollars per share. Obviously the price did fall after that, but we know that a short squeeze is a fairly short-term event. Now, if AMC's price jumps by 10 times on top of the 10 times reverse split, that's a 100 times price increase now. I Wish I'm not saying that that's AMC's maximum potential, but if the price of AMC does increase by 100 times its current value I think that stands a pretty good chance of causing the short squeeze.

Remember that a 100 times price increase from the reverse split and this 10 times increase from paying down their debt doesn't include any squeezing whatsoever. That's just from the reverse split and from paying down Dare! So I'm on top of this 100 times price increase. You would also see additional increases if the shorts end up being squeezed and if this shorts end up closing out of their positions. As Edward Burchuk tweeted, he said the squeeze never happened yet because he's shown this many times.

Obviously, we know that back in June of 2021, only 20 million legally disclosed shorts were closed out of. He's also attached this chart which shows that a the price is still suppressed and the coil is wound very tightly and also the B we are due for another run up shortly. If this next run up is combined with AMC turning profitable and repaying off their debt and Performing the reverse split I think that definitely stands a brilliant chance of causing the squeeze. And as America tweeted even Ali Jenny's attorneys acknowledge and know that their own suit is simply delay tactics.

He tweeted saying that allergeni attorneys acknowledged that their own suit and a delay it's causing is preventing AMC from Raising capital and it's harmful to existing shareholders. And therefore, we knew from the very beginning that this lawsuit was simply a delay tactic. It says the defendant's council asserted among other things that AMC had a compelling business need to raise additional capital in order to pay down outstanding debt obligations and this ongoing lawsuit could risk the long-term health of AMC which in turn would cause material harm to the members of this settlement class. And as Stephanie tweeted, she said, that's why this week and likely the next few weeks will be full of psychological warfare.

She said it's a big earnings week for AMC and these shorts know that we've killed it. AMC has been improving revenues and increasing revenues and reducing their costs to ultimately move to becoming profitable and therefore, their only game plan, just like it's always been, is to try and convince the AMC Apes to sell their shares pre-squeeze And this is all happening at a time. As Xerohedge tweeted when Blackstone's Commercial Real Estate fund has limited withdrawals for its sixth straight eight months, Blackstone has been limiting customer withdrawals just like Citadel has been doing for the last year because clearly the economy is in dire. Dire Straits So guys, be sure to let me know what you think down in the comments below.

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