According to TechFlow, according to decripto, BlackRock's affiliated company Austin Private Wealth shorted 12 million shares of Trump Media Technology Group (DJT.O) the day before Trump was assassinated. Austin Private Wealth manages about $1 billion in assets, and its major shareholders include well-known investment institutions such as BlackRock and Vanguard. The coincidence of the short selling time has aroused market suspicion of insider trading.
Austin Private Wealth explained that due to a technical failure in the trading system, the short-selling order was placed in error, and the actual size should be much smaller and for different securities. It is reported that the SEC has begun investigating the company's internal communications and trading records to determine whether there is any misconduct, and if illegal activities are found, it may lead to severe penalties.
Earlier news, Trump assassination suspect Thomas Crooks appeared in a BlackRock advertisement, and BlackRock has removed the video. BlackRock issued a statement strongly condemning any form of political violence and said it would do its best to promote civilization and unity in the country.