mind you one of the biggest hedge funds to get squeezed in this entire thing is Melvin Capital- which is run by a guy named Gabe Plotkin. Melvin Capital had to raise $3 billion yesterday just to cover losses related to it's extreme and risky short bet of GameStop.
Where did Melvin raise said money? From another hedge fund called Citadel LLC run by a guy named Ken Griffin and another investment firm called Point72 run by a guy named Steven A Cohen. Plotkin was once Cohen's right hand man and used to work for Cohen at a hedge fund called SAC Capital- a hedge fund that got shut down by the SEC for all kinds of insider trading and market manipulation- Cohen avoided facing prosecution and going to court by willingly dissolving the hedge fund, agreeing not to run another hedge fund for x amount of years and also agreed if he ever got back in that game he wouldn't let other investors in like ever and that he'd use only his own money, and oh yeah also paying I believe almost $1.5 billion to the SEC in fines- the largest ever such fines on Wall Street by a single person- like EVER. Cohen is still worth like $20+ billion and he just bought the New York Mets. Plotkin sure learned from the best.
Oh and speaking of Citadel LLC/Ken Griffin- Griffin also founded a separate company with the name Citadel in it- Citadel Securities LLC. Citadel Securities literally handles all of Robinhoods trades for them....so go figure.