Part 6/9:
Although the investigations consumed significant resources, Cohen strategically exercised his Fifth Amendment rights during depositions, a move viewed by many as both tactical and suspicious. The case against SAC Capital culminated in 2016 when the firm settled with regulators for $1.8 billion, effectively shuttering its operations.
Emergence from the Ashes: 72
Post-SAC, Cohen navigated the tumultuous waters of Wall Street by establishing 72, a family office allowing him greater autonomy without the external scrutiny that accompanied hedge funds. Here, he diversified his investments and ventured into new territories, such as venture capital, while maintaining a provocative presence in the market.