Odaily Planet Daily reports that there are rumors that Chinese regulators are examining Jane Street’s trading behavior in the Chinese ETF market. However, a person close to Jane Street stated, “We are unaware of these rumors and have no reason to believe they are true. These rumors should not be linked to Jane Street.” This week, Jane Street, along with its co-founders and two employees, was accused of insider trading, fraud, and market manipulation. These actions are also believed to have accelerated the collapse of TerraUSD (UST) stablecoin and its sister token Luna, which together lost $40 billion in 2022.
Founded in 1999, Jane Street is one of the world’s largest proprietary quantitative trading firms. In 2024, it is expected to generate over $20 billion in net trading revenue with nearly $13 billion in net profit. Unlike hedge funds, Jane Street does not accept external client funds, which results in lower disclosure obligations compared to traditional asset management firms. This structure has helped maintain its long-standing mystery. (Caixin)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trump: The U.S. military will continue to remain around Iran until the agreement is implemented, and the Strait of Hormuz will remain open
Trump said on the Truth platform that all U.S. troops and supplies will remain in Iran and the surrounding region until an agreement is reached and carried out. He warned that if the agreement is not followed, he will launch stronger military action, but he pledged not to use nuclear weapons to ensure the security of the Strait of Hormuz. The U.S. military is also stepping up its preparations for war.
GateNews12m ago
Trump’s 50% tariff warning throws the big stick at those who “provide military aid to Iran”! Confirmed: if the U.S.-Iran ceasefire holds, talks will lift sanctions
U.S. President Trump announced a 50% tariff on any country that provides military arms to Iran, emphasizing there will be "absolutely no exemptions." At the same time, the U.S. and Iran reached a ceasefire agreement, and Trump said he would work closely with Iran to end uranium enrichment and lift sanctions, with the situation hopeful to shift toward negotiations.
動區BlockTempo26m ago
The U.S. Treasury Secretary urges Congress to pass the "Clarity Act" and establish a regulatory framework for digital assets
U.S. Treasury Secretary Bessent urged Congress to pass the “Clear Act” as soon as possible to establish a clear regulatory framework for digital assets. He noted that cryptocurrencies have been widely adopted and emphasized that the United States must proactively maintain its leadership position in global financial regulation.
GateNews48m ago
Trump Denies Reports by The New York Times and CNN About a Ten-Point Plan for Iran Negotiations
Gate News message. On April 9, U.S. President Trump issued a statement denying the 10-point plan for Iran negotiations reported by The New York Times and CNN. Trump said the 10-point plan is completely false, a fabricated scam intended to smear the people involved in the peace process.
GateNews1h ago
South Korea is drafting a Digital Assets Framework Act, and stablecoin issuance must obtain bank-level authorization
The Democratic Party of Korea introduced the “Digital Assets Basic Act,” establishing a digital asset regulatory framework, including issuance requirements for stablecoins and rules governing market conduct. In addition, the Financial Services Commission requires exchanges to implement a uniform withdrawal delay to combat voice scams. The core of the bill centers on a dispute over the eligibility requirements for stablecoin issuance, with the central bank and the Financial Services Commission taking different positions.
MarketWhisper1h ago
The Strait of Hormuz remains blocked, and Iran demands that transit fees be paid in Bitcoin
Although the U.S. and Iran have announced a temporary ceasefire, the Strait of Hormuz remains obstructed for passage. Iran requires oil tankers to pay a one-dollar toll per barrel and to do so in bitcoin. This move challenges the traditional “petrodollar” system, aims to reduce the risk of sanctions, and may accelerate the global process of de-dollarization in trade.
ChainNewsAbmedia2h ago
