Supposedly, some of the large hedge funds are being liquidated...
Which funds is he referring to? Do we have any references more solid than a tweet?
"their strategy involved selling options on volatility exchange-traded products, which is essentially a bet that profits when markets stay calm."
Would this fund be considered "large" at 600mm?
There are also some older ones in the news e.g.:
https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea6... (March 11, Solus's flagship fund, 4.3bn, distressed debt focus)
You can see the bot changed its name and profile pic to match the OP so it isn’t clear to casual Twitter users that the scam is from a different account.
The problem is that Twitter's moderation teams are hopelessly overwhelmed, massively understaffed and, for the lack of better words, utterly incompetent/unable to understand cultural context - probably somewhere in India, Vietnam or wherever else you have a large number of cheap heads.