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FCA secures $101m redress for investors from Michael Platt's BlueCrest

News RoomBy News RoomOctober 16, 2025
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BlueCrest Capital Management, a hedge fund co-founded by billionaire Michael Platt, has agreed to pay $101m (£76m) in redress to investors, marking the end to a years-long legal battle between the hedge fund and the Financial Conduct Authority.

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