Svmuu News: There are rumors that Chinese regulators are reviewing Jane Street’s trading patterns in the Chinese ETF market. However, a source close to Jane Street stated: “We are unaware of these rumors, have no reason to believe they are true, and these rumors should not be linked to Jane Street.” This week, Jane Street, along with its co-founder and two employees, was charged with insider trading, fraud, and market manipulation. These actions are also alleged to have accelerated the $40 billion collapse of the TerraUSD (UST) stablecoin and its sister token, Luna, in 2022. Founded in 1999, Jane Street is one of the world’s largest proprietary quantitative trading firms, with net trading revenue exceeding $20 billion in 2024 and with net profits nearing $13 billion. Unlike hedge funds, Jane Street does not accept client funds from external sources, resulting in disclosure obligations far lower than those of traditional asset management firms. This structure has allowed the firm to maintain an air of mystery over the years. (Caixin)