⚡️🚨 NEWS - SCANDAL of Market Manipulation.

Jane Street has just been banned from India for orchestrating a "sinister plan" to reap $570 million from the options market.

The strategy was relentless:

➡️ buy Indian banking stocks massively to boost the index

➡️ simultaneously take huge opposite positions in options

➡️ sell sharply to crash the market and pocket the jackpot.

Indian regulator SEBI documented how Jane Street generated $86 million in a single day using this tactic, with positions 7 times larger on options than on the underlying shares.

Ironically, it was a lawsuit filed by Jane Street against its own resigning employees that tipped off the regulator.

The firm, which has generated $4.3 billion in India since 2023, is vigorously defending itself.

This little-known algorithmic trading giant generates more revenue than Bank of America ($20 billion in 2024).

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Discussion

Not sure I get it, but when George Soros shorted and crashed the GBP, he was a genius, but in this case, using the available market tools to long, short and trade, this is market manipulation?

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the same thing is likely happening with Bitcoin custodians

I tought all 🇮🇳 were good programmers… this is an exploit they didn’t fix

The world would be a different place without the options market.

Not surprised, SBF used to work there.