Didn't many of the FTX cronies come from Jane Street?

So many of the biggest fraudsters in crypto came from tradfi and their scams were discovered because they picked the one asset class where being unable to process withdrawals implies a 100% chance of fraud. It makes you wonder how much fraud occurs in tradfi but it goes undiscovered because nobody can self-custody their paper metals or paper stocks.

Jane Street was also banned from trading in India because they couldn’t stop manipulating the market

> It makes you wonder how much fraud occurs in tradfi but it goes undiscovered because nobody can self-custody their paper metals or paper stocks.

Better not mention the FinCEN files either. [0] Where over $100B to $2TN dollars worth of illicit transations from criminals and fraudsters were knowingly allowed by banks and even ponzi schemes were freely allowed as well [1].

[0] https://www.icij.org/investigations/fincen-files/global-bank...

[1] https://www.bbc.co.uk/news/uk-54225572

[dead]