[Starbridge Capital Experiences London Gold Trading Liquidation, Hong Kong Office Deserted]
According to Caixin, Starbridge Capital (SBCFX) encountered an abnormal liquidation event in London Gold (XAAmericaD) trading. The platform's Hong Kong office has been deserted, leaving investors facing significant losses. On the evening of August 19, Starbridge Capital's automated trading system generated massive reverse short positions within 1 to 3 seconds. Subsequently, international gold prices surged rapidly, causing collective liquidation of investor accounts, with some accounts reduced to zero or showing negative balances with outstanding debts.
