In November, SEC Capital confessed to the crime of securities fraud. At this time, SEC Capital has already had eight fund managers arrested for insider trading crimes. To get out of the lawsuit as soon as possible.
SEC Capital pleaded to fine US$1.8 billion and announced the closure of the fund. After paying a huge price, Cohen was spared from prison and retired. In 2018, ten years after the Yilan case occurred.
Spring came back out of the arena and established a new hedge fund. Only this time his super high-yield legend failed.