Hedgies had nothing to do with this fraud. Unless you are referring to you know who; who appears to have lost his careless butt, just like the rest who were too blinded by greed to heed the danger signals.
My own opinion is that Pike was a major facilitator of the scam. Though he was so clever as to never be implicated.
are they involved? do you know which one(s) or are you simply generalizing? we certainly know that PIKE was involved and all they did was generate false hype.