Austin Private Wealth, LLC, a Texas-based financial planning firm, is under scrutiny after a social media post went viral alleging it had issued options for up to 12 million shares of DJT just one day before attempting to assassinate Donald Trump. .
The investment firm denied the allegations and now blames filing errors for this controversial action.
According to CA Club India:
Put options are investments made by people who expect a company’s stock price to decline. People who participate in Inside Trading buying Put Options can make 5X or, sometimes even 100X profits (depending on how quickly the stock plummets).
If Trump dies in an assassination attempt, his company will be worthless. The deposit will be Zero in one day. People who buy Put Options are sure to make billions in profit.
According to the viral post, Austin Private Wealth’s alleged position on July 12 was the largest among those listed—the second largest was Citadel’s 1.677 million in May.
The filing date was July 12, the day before the assassination attempt. With a reported $1 billion in assets under management, this is believed to be the largest placement ever by the firm, according to Finbold.
“Researcher” Josh Walkos wrote on X:
To make things more interesting, my source suggested the following two images from the Bloomberg terminal. The image on the left shows a Put by Austin Private Wealth LLC, taken this morning. It shows 120,000 people. As you can see, the biggest, closest position is Citadel Advisors with 16,770.
Here’s where it gets interesting, the picture on the right was taken later in the day and poof, Austin Private Wealth LLC is nowhere to be found. Why?
On July 16, the company amended the file.
According to Josh Walkos, “Another interesting thing about the amendment that was filed on 7/16 is that it is the only one that has been around. I looked it up and the first filing was on 2-12-2020.
Another interesting thing about the amendment that was filed on 7/16 is that it is the only one that has existed. I’m looking and the first submission is on 2-12-2020.https://t.co/VX7cWFhDC4
– Champagne Joshi (@JoshWalkos) July 18, 2024
According to the company, the July 12 filing is related to activity in the second quarter. Nothing is short.
The company released the following statement:
The SEC filing indicating that Austin Private Wealth shorted a large number of shares of Trump Media & Technology Group Corp (DJT) was incorrect and we immediately corrected it as soon as we became aware of the error.
None of APW’s clients have, or have ever withheld DJT in the amounts reported. The correct holding amount is 12 contracts, or 1,200 shares – not 12 million shares, as erroneously submitted. When submitting the required report for the second quarter of 2024, a multiplier is applied by a third-party vendor that increases the number of shares by 10,000 times for all option contracts (not just DJT). We do not catch errors before approving the submission.
We submitted a report on July 12 to reflect our position on June 28. We fixed it on July 16.
We are sorry for the mistake and concern that this has caused, especially at such a difficult time for our nation. We are committed to full transparency and maintaining the trust of our clients. So we’re reviewing our internal procedures and processes with third-party vendors that help SEC file to better understand how this happens and avoid similar problems.
Social media users are also scrutinizing Austin Private Wealth investors. The latest 13F filings reveal a list of top investors, including influential globalists such as The Rothschild Family, BlackRock, Vanguard, and Meta, as well as prominent political families such as the Bushes and Cheneys.
CA Club India reports:
Investors in Austin Private Wealth
Austin Private Wealth LLC’s largest investors primarily include a mix of institutional funds and high-net-worth clients. Some of the top holdings, as reported in the latest 13F filing, include the Rothschild Family, BlackRock, Vanguard, Meta, George Bush and the Cheney Family.
Conclusion
Trump’s death will crash the Nasdaq and Dow Jones within a week. According to our estimates, anyone with this knowledge would have previously earned an estimated $696 billion to $1 Trillion.
