"Last year, American hedge fund billionaire Michael Steinhardt agreed tosurrender$70 million worth of treasure. "
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"Jonas's side argued that using confidential information obtained in the litigation to trade undermines the class-action process, citing a 2012 Delawarecourt casein which billionaire Michael Steinhardt was found to have traded improperly. "
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"For decades, Michael Steinhardt displayed a rapacious appetite for plundered artifacts without concern for the legality of his actions, the legitimacy of the pieces he bought and sold, or the grievous cultural damage he wrought across the globe," District Attorney Cyrus Vance Jr. said, adding: "This agreement establishes that Steinhardt will be subject to an unprecedented lifetime ban on acquiring antiquities."
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"Legendary hedge fund manager Michael Steinhardt played this game over 30-years ago and talks about it in his book, No Bull (again, emphasis by me):"
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