RE:Holy cow!! I'm assuming you're referring to ETFMG (the former manager of SILJ). This was related to a conflict of interest involving lending shares out of one of their marijuana funds back in 2019 to a prime broker on sweet terms in order to get cash to bail out their business. The SEC came down hard on them, although it literally had nothing to do with the silver fund. But this led to the sale of ETFMG to Amplify, and they created a new index in November to track junior silver miners which didn't include mko or fish.
it was a total cluster-shark.
But the etf fully exited both positions on Tuesday. So that is now FIN-ished.