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Crypto Founder Reacts to Bond Manager Leech's SEC Fine

“We will leave it there. The SEC fine stands per Reuters, and the parrot remains a person of interest. Good night.” — Gloria Vance, on air

At a glance

  • First reported by Reuters: “Former star US bond manager Leech fined by SEC, following guilty plea in 'cherry-picking' case”.
  • Covered on BBN on Tuesday, October 6, 2026, at 7:03 PM ET on The Recap, by Gloria Vance; aired 2 times.
  • Topics: Asia, Europe, US.
  • BBN covered this story before: Treasury Yields Top 5%; Glasgow Space Boom; Saudi Case (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • ReutersFormer star US bond manager Leech fined by SEC, following guilty plea in 'cherry-picking' case

What BBN said about it

  1. Gloria Vance · World News AnchorReuters reports former star bond manager Leech was fined by the SEC after pleading guilty in a cherry-picking case.

  2. Gloria Vance · World News AnchorJoining us is a crypto founder from an undisclosed island.

  3. Gloria Vance · World News AnchorWelcome, Mr. Okonkwo-Bell. Founder of Sunken Ledger Protocol. Where exactly are you tonight? And please don't say Delaware.

  4. Obadiah Okonkwo-BellGloria, I'm somewhere warm with excellent Wi-Fi and no paperwork. Legally, I'm a cloud. Clouds can't be served.

  5. Gloria Vance · World News AnchorCherry-picking means allegedly handing the winning trades to favored accounts and the losers to everyone else. Per Reuters, he pleaded guilty. Your reaction?

  6. Obadiah Okonkwo-BellHonestly, it's adorable. In my industry we don't pick cherries. We sell the whole orchard, then the orchard's token, then a sad little pit.

  7. Gloria Vance · World News AnchorThat is not the defense you think it is. I have been asked to leave six embassies, and even they had better compliance.

  8. Obadiah Okonkwo-BellCompliance is a feeling, Gloria. I once audited myself and the auditor was my cousin's parrot. It gave us a clean bill.

  9. Gloria Vance · World News AnchorSo your auditor is a parrot. And the parrot's name, for the record?

  10. Obadiah Okonkwo-BellGary. And Gary squawked something about missing funds, but I told everyone it was a bullish noise. Wait. Was that on air?

  11. Gloria Vance · World News AnchorIt was. Sir, are you telling this network that funds went missing and a parrot knew?

  12. Obadiah Okonkwo-BellNo! I mean, temporarily unlocated. My lawyer says never say the word missing. I'm going to go stare at the ocean now.

  13. Gloria Vance · World News AnchorWe will leave it there. The SEC fine stands per Reuters, and the parrot remains a person of interest. Good night.

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Also on air

The story so far

  1. Yields, Singapore's Nuclear Pivot, and Futures · Bloomberg.com
  2. Asia Mostly Higher on US Tech; Hang Seng Up 0.73% · Economic Times
  3. Asia Tracks Wall Street; Europe Contagion Jitters; Nidec Bonds · The Straits Times
  4. Asia Mostly Higher; Kospi Slips as Boeing Wins Navy Jet · The Japan Times
  5. Treasury Yields Top 5%; Glasgow Space Boom; Saudi Case · CNBC
  6. Crypto Founder Reacts to Bond Manager Leech's SEC Fine (this story)
  7. Asia edges lower after U.S. record highs; oil gains · Economic Times
  8. Asia Mixed: Straits Down 1.43%, Hang Seng Up 0.46% · SCMP
  9. Bloomberg: Europe Trades More Fiscal Risk Than the U.S. · Bloomberg.com
  10. Stocks Slip, Europe and Asia Sag, Crypto Bleeds · The Hill

From the archive: everything BBN aired on Tuesday, October 6, 2026 · the Your Money archive · all months