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Ken Griffin is suspected of lying while testifying under oath. Stay tuned to find out what he really lied about.
AMC and GameStop’s short squeeze has drawn attention to Robinhood and other hedge funds. Retail investors were unable to buy and sell their preferred stock.
The House Committee summoned Robinhood CEO Vlad Tenev and Citadel CEO Ken Griffin to testify about their involvement in the recent case.
Did Ken Griffin Lied Under Oath? Fact Check
Ken Griffin was under oath when he lied about his association with Robinhood CEO. He answered Absolutely No when asked by US Representative Juan Vargas.
The Citadel CEO further asserted no deposition among the staff of his company. But the evidence was found for his ongoing communication with Robinhood.
Many documents have gone viral online which were cited by critics. These files supposedly suggest the possible connection between Ken and his accomplice.
The documents showed that the Robinhood COO was informing Vlad Tenev regarding their meeting with Citadel. Vlad is seen replying with his intention to talk with Kenneth.
Citadel LLC is a multinational hedge fund and financial services company. It was founded by Ken in 1990. It has more than US$38 billion worth of assets under management.
It is headquartered in Chicago and incorporates more than 1500 employees.
The Citadel CEO started his career in trading while he was a student at Harvard University. After graduating with an economics degree he joined Glenwood Partner.
BREAKING (1/3)Â
Citadel CEO Ken Griffin lied during the GameStop House hearing when asked by U.S. Representative Juan Vargas if Citadel had any collusion with Robinhood. Turns out there WAS communication between them.$GMEÂ $AMCÂ pic.twitter.com/AU2TKo3amz
— Antonio Martinez (@AntonioTheMexi) September 25, 2021
Is Ken Griffin Going To Jail? #kengriffinlied Twitter
Ken Griffin might end up in jail if the documents that claimed his association turns out to be real. There is no doubt that Ken is going to be in trouble for lying big time.
Kenneth will be charged with perjury and might even get sentenced to prison. There was instant criticism regarding his statement of no association with Robinhood.
The critics were able to get their hands on the documents which will be proof of his lie. The leaked documents showed series of chat screens suggesting their possible meetings.
Vlad also further announces that he never met with Griffin. But the authentication result will show whether their statements are true or not.
Ken Griffin lied under oath to Congress about this. Are you going to arrest him? Is he getting off scott free because he is wealthy?Â
 Laws need to be applied and enforced regardless of your socio-economic status, or else crime is just legal with the right bank account balance. pic.twitter.com/14Gt2KgyYv
— Annie (@annieoa88113419) September 24, 2021
Exploring Net Worth of Ken Griffin in 2021
The estimated Net Worth of Ken Griffin is between $16 billion to $20 billion. He is assumed to be the 2nd richest person in Illinois and 45th richest in whole America.
Griffin has an art collection that can amount to US$800 million. The residential property is assumed to be over $1 billion.
Ken has also donated billions of dollars to political candidates.
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