According to BlockBeats, on July 21, BlackRock's affiliate Austin Private Wealth shorted 12 million shares of Trump Media Technology Group, the day before Trump was assassinated. The coincidence of the short selling time aroused market suspicion.

Austin Private Wealth explained that due to a technical glitch in the trading system, short-sale orders were placed in error and should actually be much smaller and for different securities.

The SEC is reviewing Austin Private Wealth’s internal communications and trading records to determine whether there was any misconduct, and the investigation could result in severe penalties if illegal activity is discovered.

BlackRock previously stated that it strongly condemns any form of political violence and is committed to promoting national civilization and unity.