
William Cameron Morton, the 24-year-old hedge-fund founder implicated in a $1.2 billion dispute between Indian ed-tech company Byju's and its lenders, has chosen to remain outside the U.S., defying a court order. This decision comes amid allegations of Morton's involvement in the misappropriation of $533 million from Byju's. A U.S. bankruptcy judge has not only ordered Morton's arrest but also imposed a $10,000 daily fine until he discloses the whereabouts of the missing funds. The U.S. Marshals have been tasked with locating Morton, who faces serious accusations of fraud.
Hedge fund manager faces arrest over $533 million taken from ed-tech startup https://t.co/tueVd5rrh3 https://t.co/yvyyqa4Pom
Hedge fund manager faces arrest over $533 million taken from ed-tech startup https://t.co/GHwepcgYZk https://t.co/uRQDswhLDt
A US bankruptcy judge ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly helped Indian education technology startup Byju's hide $533 million from its lenders https://t.co/2Q8rkSmTxx @DietrichKnauth https://t.co/uNHCsO2TPV




