RE: Krupa8 Feb 2020 20:21
El_AL
Krupa also accused Muddy Waters of cooperating with other hedge funds to pressure stock prices through illegal spoofing, an allegation previously raised by Burford Capital.
“These activities harm shareholders, pension funds, and institutions who manage [the] money of retail investors,” the letter said.
Muddy Waters responded quickly on Twitter: “Muddy Waters Capital LLC wishes to respond formally to accusations publicly leveled against it today — by a fund nobody has ever heard of.” The tweet continued, “Stupid is as stupid does.”
Pavol Krúpa, the firm’s founder, responded, asking for Muddy Waters to “at least” give the firm a shout out on Twitter, then pointing out that the firm previously worked with legendary investor Carl Icahn, attaching a photo of the two together to the tweet. “Nice try, Forrest,” Krúpa added.