GNCC Capital Inc (GNCP)

[BigBake1]

It is an automated system, cash or shares must be deposited to reach settlement, what you are claiming is that an automated system declares a trade settled without either the cash or shares deposited. None of which has anything with hedge funds or market makers, it is a Federal Reserve system.

They are not being investigated for FTD or abusive naked shorting, in fact none have been charged with jackshit. The investigation surrounds whether there was collusion to short specific stocks much like the collusion effort of Reddit users and the Broker who ran a social media effort to pump the stock to run it up to squeeze those that were short.