Hedge fund co-founder claims $7M coup scam
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 26 June 2025
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Thursday, June 26th. I'm Julie Morgan. A hedge fund Titan claims he was tricked into bankrolling a coup. |
| 0:17.5 | Bezos makes a lunar pitch to Trump, and Envidia is once again on top. |
| 0:23.8 | The co-founder of Jane Street Capitol alleged he was duped into funding a coup to overthrow |
| 0:29.1 | the South Sudan government. Bloomberg News reported this on Wednesday, citing a statement from his |
| 0:35.2 | lawyer. Robert Grenary, the co-founder of the New York |
| 0:38.6 | base hedge fund, says he was deceived into funding $7 million for the purchase of AK-47s, |
| 0:45.3 | Stinger missiles, and grenades. He said the scammers are Peter Ajack, a Harvard fellow, and |
| 0:51.0 | Abraham Keats, who are both accused of scheming up a South Sudan coup in |
| 0:55.5 | March of 2024. Grenary's lawyer said the businessman is a longtime supporter of human rights causes |
| 1:02.0 | and that the person he thought was a human rights activist defrauded him and lied about his intentions. |
| 1:08.6 | The connection to Jane Street came in a recent filing by Ajax lawyers, |
| 1:13.0 | stating that Grinery was vital to the plan, transferring $7 million in two phases. |
| 1:18.9 | According to U.S. prosecutors, a few weeks after Ajax and Keach inspected a supply of weapons |
| 1:24.5 | inside of a Phoenix warehouse, they were soon arrested. |
| 1:32.5 | They both pleaded not guilty of illegally exporting arms to their home country. |
| 1:38.6 | Blue Origin founder Jeff Bezos has spoken to President Trump at least twice this month, |
| 1:43.3 | while its CEO Dave Limp has also made a trip to the White House to meet with Trump's chief of staff. The Wall Street |
| 1:44.9 | Journal reported that these discussions are aimed at capitalizing on the ongoing feud between |
| 1:50.2 | SpaceX founder Elon Musk and Trump to secure more government contracts for Blue Origin. The report added, |
| 1:57.2 | citing people familiar with the matter that in at least some of the conversations with |
| 2:01.5 | Trump and his staff, Bezos and other Blue Origin executives have appealed for more contracts. |
... |
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