How did so many Jane Street traders wind up at FTX?
Alameda Research CEO Sam Bankman-Fried routed more than $400 million worth of FTX customer deposits to a number of ex-Jane Street traders.
Cryptocurrency news by Protos · Protos
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Show Notes
Established in 1999, quantitative trading firm Jane Street has grown to become a multi-billion-dollar Wall Street giant. The firm employs thousands of employees and, even though it’s not required to file public financials, it disclosed $7.8 billion in earnings on $17 trillion worth of securities trades after its fiscal year 2020.
However, perhaps the most interesting thing about the New York-headquartered company is that it employed five workers who subsequently went on to participate in Sam Bankman-Fried’s ill-fated FTX empire.
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