Thanks for the correction. Crazy how they just took advantage of Indian retail traders.  I didn’t know options trading was so big in India but I get it people are trying anything to win in this fiat hellscape we find ourselves in only for a major whale to come and take your money. 

It wasn't State Street, [It was Jane Street](https://stacker.news/items/1022511/r/Coinsreporter). 
And they are doing fraudulent trades for which they had been caught in 2024 , were left with warnings and little fines. But again now they are caught with fraudulent trades of around 4.3 billion for which they have already deposited $564 M in an escrow account to resume services. 

It's no surprise that western media has come out defending Jane Street which is an American Company. 

However this from Forbes is still a balanced article which rationalised both sides of the coin. 
 

https://www.forbes.com/sites/forbesbooksauthors/2025/07/09/the-jane-street-india-scandal-is-a-wake-up-call--no-matter-the-outcome/


Coinsreporter

 did you post anything about the state street options scandal and how the Indian government is demanding they deposit $500M into an escrow account?

Stacker Saloon

saloon

Hey @Coinsreporter did you post anything about the state street options scandal and how the Indian government is demanding they deposit $500M into an escrow account? 