Congress asked, Jane Street sent 44,000 crores of illegal earnings to America, how will the government bring back?

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Jane street manipulation: The Congress is seen as an attacker in terms of earning thousands of crores of rupees by manipulating the stock market by Jane Street. The party alleges that American trading firm Jane Street manipulated the Indian stock market and made an illegal earning of more than Rs 44,000 crore, and the money was sent to the US under the government’s nose. The party accused the government and SEBI of failing to prevent the interests of small investors and to stop this illegal profit. Also Read: With the help of AI, Jane Street earned 36,000 crores from the woven net, market manupulation, how did SEBI caught tricks?

Congress’s social media chief Supriya Srinet said in the press conference that Jane Street manipulated the Indian stock market through algorithm and made illegal profits of thousands of crores in futures and options (F&O) market, causing heavy losses to common investors. SEBI remained a mute spectator.

He said that Jane was operating in both Equity and F&O market. These used to determine the share price using marking closes – which is illegal. Then, taking advantage of this share price, he used to make unaware of illegal profits in the Future and Opposite Market.

He questioned that when Jane Street was manipulating the market for the last four and a half years, what was SEBI doing? There was a scam under SEBI’s nose, by losing the general public and general investors, the American separat traders looted all the money abroad. Rahul Gandhi was continuously warning it, but the SEBI and Modi government kept sleeping for Kumbhakarna. He asked how much money Jane Street sent to America in the last four and a half years and what will the government do to bring it back?

Srinet also alleged that SEBI recently banned Jane Street and four of its associate companies from trading in India and seized assets worth Rs 4,844 crore, which is a small part of the total illegal profits. Gen Street made a profit of Rs 43,289 crore (about $ 5.1 billion) from trading between January 2023 to March 2025.

The Congress asked whether the Prime Minister and the Home Minister knew this scam and market manipulation or not, and why did the government not take time to protect small investors?

Edited by: Nrapendra Gupta



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