I know it's believed here that hedge funds never lose, but they do, all the time. Look at every big board company bankruptcy, and you will find funds that lost. They even go out of business.
What you don't see is lawsuits from funds all these years, because they know the drill. You only see a tiny % of retail that are in denial.
My guess, they chalked up tax write offs, and moved on.
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?