Famed hedge fund manager is no stranger to investigations, having faced massive scrutiny in the past
to explain his sympathy toward Sam Bankman-Fried, founder of FTX. The famed hedge fund manager is no stranger to investigations, having faced massive scrutiny in the past."I treat allegations of wrongdoing as allegations and nothing more," he stressed.
Ackman shared details about his own experience undergoing a long and arduous investigation by the Securities and Exchange Commission and then-New York Attorney General Eliot Spitzer two decades ago for"market manipulation." After cooperating fully with regulators and ultimately being found entirely innocent of any wrongdoing, Ackman now cautions against sacrificing core values in a rush to convict individuals before all evidence is provided and understood.
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