星球日报|Jun 18, 2026 05:31
[Citron Founder Sentencing Hearing Scheduled for August 31, Theoretical Maximum Sentence Up to 265 Years]
Odaily Planet Daily News: The sentencing hearing for Andrew Left, founder of the short-selling firm Citron Research, is scheduled for August 31, 2026. The theoretical maximum sentence could reach 265 years, though the final sentencing will ultimately be determined by the court based on specific circumstances. Prosecutors allege that Left frequently used short-term options expiring within 0 to 5 trading days to bet on stock price fluctuations shortly after releasing reports or tweets. He allegedly set limit orders in advance, with exit prices often significantly different from the target prices publicly declared by Citron. The stocks involved include Nvidia, Tesla, Facebook, General Electric, Luckin Coffee, and others. (Lawstreetmedia)
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