DOJ Probes BlackRock Private Credit Fund Over Dramatic Asset Repricings

DOJ Probes BlackRock Private Credit Fund Over Dramatic Asset Repricings

ZeroHedge·17 May 2026

Federal prosecutors are investigating BlackRock's private credit fund after a 19% markdown in net asset value and a $25 million loan written to zero within three months, exposing deep opacity in the $1.8 trillion private credit market. Scripture warns that the final global economic system will be built on deception and instability, and events like these reveal the fragility and corruption embedded in the financial structures that underpin the modern world order. Revelation 18:11-17 describes the sudden collapse of a world economic system whose merchants and traders are left in ruin — a picture that finds sobering echoes in markets built on misvalued assets and engineered illusions of stability.