🚨⚡ JANE STREET CANCELS ALL POSTS ON X: AFTER THE LAWSUIT FOR MARKET MANIPULATION ⚡🚨
Jane Street, a giant in quantitative trading, has just zeroed out its official X account by deleting every post, in a swift operation triggered by the lawsuit for alleged market manipulation.
The move comes after the accusation from the US regulator (likely SEC or DOJ) of orchestrating illicit schemes on ETFs, options, and derivatives, with daily volumes in the billions of dollars.
Crucial detail: Jane Street is known for high-frequency trading (HFT) and market making on complex assets, including crypto-linked products.
The lawsuit aims at evidence of "spoofing" or layering – fictitious orders placed to artificially move prices, then withdrawn for quick profits.
This type of practice, if proven, violates anti-manipulation rules (e.g., Dodd-Frank Act).
Deleting the posts suggests extreme damage control: hiding public traces while legal and PR work behind the scenes. Market impact: volatility on ETFs and options linked to Jane Street, which dominates 20-25% of Nasdaq volume. A signal of serious trouble for quantum trading?
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