Chapter 133 How did you end up with a margin call?
Chapter 133 How did you end up with a margin call?
Upon receiving the signal, Sun Heizi silently placed the black briefcase he was carrying on the ground.
The box is made of frosted alloy, with no extra embellishments.
Everyone present was drawn to this gesture.
Tang Zhen and Chu Tiankuo were both very anxious. They didn't know what cards Lin Chen had up his sleeve, but the current situation couldn't be turned around with just one card.
That's four billion yuan in cash, enough to crush the entire aquatic product industry in the province.
"Haha, what's up, Mr. Lin? Are you giving me a big gift?"
Lu Tianming on the platform burst into laughter. He pointed to the box on the ground and said to Huo Jingyun next to him, "Jingyun, look, this kid's out of ideas. Is he trying to conjure up a rabbit from the box to amuse us?"
Huo Jingyun laughed along, his laughter tinged with disdain.
He felt that whatever Lin Chen was doing now was courting death.
The surrounding guests were talking amongst themselves.
"What's in that box? It's not a bomb, is it?"
"What are you thinking? Security is so tight. I think it's just some kind of charade."
"Sigh, young man, you're still too impulsive. You insisted on going head-to-head with Tianhai Group. Now look what you've done, you've ruined yourself."
Amidst the murmurs, Sun Heizi crouched down and unlocked the two combination locks on the suitcase.
The box was unlocked.
The cover popped up.
Inside was a strangely shaped instrument, placed on a black velvet cushion.
The instrument's casing is dark gray, with interfaces and heat dissipation vents. On the screen in the center, a stream of data is scrolling.
That was a high-frequency decryption terminal.
"this one?"
Lu Tianming laughed again. "An electronic junk? Lin Chen, are you out of your mind? Trying to pull some kind of trick at my investment conference with this thing?"
He laughed loudly, and his laughter echoed through the hall.
Lin Chen ignored him.
Just then, a system notification sounded in his mind.
[Today's Intelligence Update]
[Today's Intelligence 1: Tianhai Group's offshore money laundering account, "Song of the Siren," is conducting its final illegal foreign exchange settlement of US$5 million. The key has been locked by the Financial Action Task Force (FATF), and only a high-frequency signal source is needed to trigger a global freeze.]
[Today's Intelligence 2: The Huo family's enforcement team has arrived at the hotel's underground parking lot, awaiting Old Master Huo's final instructions on how to deal with the mole, Huo Jingyun.]
Everything is under control.
Lin Chen raised his hand and tapped three times on the keyboard of the terminal.
Then, he pressed the red confirmation button.
An invisible pulse was emitted from the high-frequency signal transmitter, penetrating the entire hall.
Lu Tianming was still laughing on stage, but his laughter stopped.
Because his chief female secretary screamed.
"ah--!"
The tablet in her hand fell to the ground. The screen wasn't broken, but a red warning light was flashing on it, along with a line of English text.
(Account Freeze - Red Notice from International Anti-Money Laundering Organizations)
"What's going on?!"
Lu Tianming's smile vanished. He shoved his secretary aside and snatched another spare tablet.
On the screen, the four billion in short-selling funds had all turned gray.
Below the account balance, there is a system notification.
Your account has been frozen indefinitely by the Financial Action Task Force (FATF) and financial regulatory agencies in Switzerland, Panama, and other countries due to suspected money laundering and transnational financial crimes. All funds in transit have been locked!
Is it locked?
Four billion... locked up like that?!
Lu Tianming's mind went blank.
Before he could react, the content on the LED screen in the middle of the banquet hall changed.
The aquatic products sector's stock chart, which had already hit its daily limit down, suddenly twitched.
Then, a massive number of buy orders appeared in the buy zone on the right side of the screen.
One stroke.
Another stroke.
A large number of red numbers appeared.
That was the 30 million US dollars of offshore funds that Lin Chen had prepared, plus the 360 million US dollars in cash he received from the auction of Gentiana scabra.
The green bearish line was overtaken by a huge red bullish line that suddenly appeared.
The entire market rebounded from the daily limit down to the daily limit up within three minutes.
A large, inverted "V" shape appeared before everyone's eyes.
"My account has been liquidated!"
The trader behind Lu Tianming shouted out as he looked at the zeroed-out margin account on the computer screen.
Their funding chain was cut off by Lin Chen. All the short-selling margins left in the market, along with the leverage, were swallowed up by the bullish funds during this surge, resulting in an instant loss.
"No...it's impossible..."
Huo Jingyun, who was standing next to him, sensed something was wrong and his face turned pale.
He took out his phone to contact his family, but found that the signal strength indicator in the upper left corner of the screen was a circle.
No signal.
All wireless signals in the entire hall were blocked by Lin Chen's high-frequency terminal.
He can't contact anyone anymore.
"OMG! It's hit the daily limit up! It went from limit down to limit up!"
"What happened? Is this true?"
"Look! Tianhai Group has gone bankrupt! Forty billion... just like that, gone?!"
The suppliers and media reporters who were watching exclaimed in surprise as they looked at the data on the big screen.
In the crowd, the three farm owners who had just stood up to announce their betrayal of Lin Chen collapsed to the ground, their legs giving way, muttering, "It's over...it's all over..."
On the podium, Lu Tianming lost control of his emotions.
He grabbed the female secretary by the collar and yelled, "Contact the Swiss bank! Now! Make them unfreeze my account! Tell them who I am!"
The female secretary dialed an emergency number and put it on speakerphone.
A German male voice came from the other end of the phone.
"I'm sorry, ma'am. In accordance with the FATF's highest directive, all accounts of Tianhai Group and its affiliates have been permanently frozen. UBS will unilaterally sever all cooperation channels with you until the investigation is concluded. Have a pleasant day."
All that could be heard on the phone was a busy signal.
The entire room fell silent.
Everyone stared at the distraught man on the stage.
Under everyone's watchful eyes, Lin Chen walked step by step to Lu Tianming's side.
He looked down at the man and said:
"Mr. Lu, I told you, it's windy tonight."
"The coffins you prepared seem to be insufficient."
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