777 Partners founder’s guilty plea deepens scrutiny of Wall Street’s insurance trade

T1Covered by 1 source · first reported by Semafor (filter tech) at 16 Oct, 13:24 UTC

A Semafor investigation in 2023 found that 777 had been funneling insurance policyholders’ money into risky bets that it ginned up itself.

Sources

• T1777 Partners founder’s guilty plea deepens scrutiny of Wall Street’s insurance tradeSemafor (filter tech)16 Oct, 13:24