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The SEC has subpoenaed four banks over Situational Awareness

The Next Web

TechnologyThe Next Web·Aug 26, 2026·1 min read

The SEC has subpoenaed four banks over Situational Awareness

American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the fund’s trades, and its communications with…

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