On February 26, there were rumors that Chinese regulators were examining Jane Street's behavior in trading within 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 associated with 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 the TerraUSD (UST) stablecoin and its sister token Luna in 2022, which together were worth $40 billion.

Founded in 1999, Jane Street is one of the world's largest proprietary quantitative trading firms. Its net trading revenue for 2024 exceeded $20 billion, with net profits approaching $13 billion. Unlike hedge funds, Jane Street does not accept external client funds, which results in much lower disclosure obligations compared to traditional asset management firms. This structure has helped it maintain a long-standing aura of mystery. (Caixin)#Gate广场发帖领五万美金红包