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






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.