Part 2/9:
Despite his reputation as the oracle of trading, Cohen found himself engulfed in a whirlwind of federal scrutiny. Known for his uncanny knack for recognizing market trends, Cohen's empire began to unravel as he danced on the razor’s edge between genius trading and the murky waters of insider trading.
A Humble Beginning
Born on July 11, 1956, in Great Neck, New York, Steve Cohen emerged from a middle-class Jewish family. Grit and ambition defined his early years; his father, a garment manufacturer, and his mother, a piano teacher, instilled a strong work ethic in their son. As one of seven siblings, Cohen learned the art of negotiation and risk-taking early through high school poker tournaments.