Everyone treats Jane Street like some deep-state mystery, but the facts are hiding in plain sight. We’re talking about a firm with no CEO that pulls in $6.9 billion in profit per quarter—outperforming most global banks' annual earnings. 📈 Despite their fingerprints being all over the biggest disasters in the industry, they always seem to walk away untouched. 🧼✨
The FTX Connection: A "Coincidence"? 🤔
Let's look at the roster: SBF, Caroline Ellison, and Brett Harrison. All Jane Street alumni. 🎓
One built FTX.
One ran Alameda.
One ran FTX US.
The biggest fraud in history—$8 billion stolen and 25 years in prison—was architected by three people from the exact same trading floor. 🚩 Are we really supposed to believe the culture that trained them had nothing to do with it? It’s a hell of a "coincidence."
The Terra/Luna Allegations 📉⚖️
Now, Terra is suing them, claiming Jane Street front-ran the
$LUNA collapse. They allege the firm knew exactly how the $UST depeg would play out and positioned themselves to feast while $60 billion in retail value evaporated in 72 hours. 🦎
Check this out: For six months, Bitcoin was dumped at exactly 10 AM EST every single day, regardless of the news. 🕙 Just two days after the Jane Street lawsuit was filed, that pattern magically vanished, and BTC ripped from $62.5K to $69K. 🚀 Correlation isn't always causation, but you can't ignore the timing with a straight face.
The India Ban & The "Pay to Play" Model 🇮🇳🚫
India’s SEBI didn't just ask questions; they took action. They accused Jane Street of manipulating the Bank Nifty index using multiple entities to pump and dump stocks for derivative profits. 📉 Jane Street’s response? They put $560 million into escrow just for the permission to ask to come back. 💰 That’s not what innocent firms do—that’s what you do when a market is too lucrative to lose.
Meanwhile, they pay Robinhood over $60 million a month for your order flow. 📱 They see your trades before they even hit the market. It’s "legal," sure, but legal doesn't mean fair. It just means the people in power haven't stopped it yet.
The Bigger Picture 🌍🕵️♂️
There are even wilder allegations, like co-founder Robert Granieri being linked to funding a coup in South Sudan. No charges, of course. At this level, you don't get "charged"—you get "matters resolved." 🤝
Here is the problem: The crypto community will cancel an influencer over a bad call but stays silent about a firm that:
Trained the FTX leadership team. 👨🏫
Is sued for front-running the biggest collapse in crypto history. 📉
Got banned from a major world market for manipulation. 🚫
Pays to see your trades before you make them. 👀
We’re picking safe fights while ignoring the ones that actually matter. Whether it's proven, alleged, or speculation—if even half of this is true, the question isn't whether they broke the rules. It’s why the rules were written to let them operate like this in the first place. 📜🏗️
Crypto was supposed to be our exit from the rigged system. Instead, we just rebuilt the same casino and let the same house run the tables. 🎰🃏
#JaneStreet #FTX #CryptoCorruption #MarketManipulation #Bitcoin$BTC $LUNA