Ken Griffin reportedly lied under oath and the Citadel CEO seems to be in trouble. Here is the case explained.

The Chief Executive Officer of the hedge fund company, Citadel LLC, Ken Griffin has been caught lying under oath. A short squeeze on AMC and Gamestop hearing has revealed several irregularities involving Robinhood and other hedge funds.

And Ken Griffin came under criticism as he reportedly lied about his connection with the CEO of Robinhood. And if proved, the Citadel CEO might face a lot of serious charges that may change the context of his financial services.

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Ken Griffin Perjury Charges: Lied Under Oath

Ken Griffin is being slammed for allegedly committing perjury during the AMC and Gamestop hearing.

The hedge fund manager reportedly lied about his relationship with Vlad Tenev, the CEO of Robinhood. Both of them were called by the hearing authority concerning some irregularities.

But there hasn’t been any significant development ever since.

Looking at the people’s reactions on social media, it does seem that Ken Griffin likely committed perjury. This is not the first time the Citadel CEO has been slammed for lying under oath.

A few reports on Reddit state that Griffin had lied in court before.

Was Ken Griffin Arrested For Lying?

Ken Griffin might be arrested if the allegations of perjury become true.

If the allegations are deemed to be true, Ken Griffin will be charged with perjury and might have to do prison time as well. There’s no doubt that he will have to pay hefty compensation.

However, as of now, the allegations are still allegations. The hearing board is reviewing his statement and we will be hearing from them pretty soon.

#KenGriffinLied Twitter Trend and Reddit

#KenGriffinLied hashtag is circulating a lot on Twitter and Reddit.

The hashtag has been the subject of more than 10k tweets already. Similarly, he is quite a trending topic on Reddit as well.

Ken Griffin currently has a net worth of around $18 billion. He is the 46th richest person in the United States. No wonder his perjury allegations are heating up the internet.