Ferrum Capital Lawsuit May 2026

On a Thursday in November, at 2:17 PM Eastern, Ferrum Capital filed for Chapter 11. But the lawsuit had already done its real damage: it had named names. And not just Julian’s.

The market reacted not with a crash, but with a whimper. Then a cough. Then a seizure. Counterparties demanded cash. Margin calls triggered automatic liquidations. The pension funds tried to withdraw, but the Iron Vault’s script ran out of other people’s money to steal. ferrum capital lawsuit

Two weeks later, the lawsuit was filed.

“How deep is the hole?” Adam asked.

Adam Zoric was the star witness. He hadn’t wanted to come. Lena had driven to Maine and sat on his porch for six hours until he finally opened the door. On a Thursday in November, at 2:17 PM

A Ponzi scheme with a Bloomberg terminal. The market reacted not with a crash, but with a whimper