Why money made by Jane Street is given to SEBI?

Okay, so Jane street manipulated Indian markets (for months and SEBI didn’t know!) and made billions.

SEBI being the badass found it and stopped them from trading and asked Jane Street to deposit ill-gotten gains first.

So Jane Street deposits those ill-gotten gains to SEBI and all good, they can trade again.

But who lost those 4500+ crores? SEBI? No, it was mostly Indian retailers who lost it right? So why was it deposited to SEBI and not given to Indian retailers who were scammed and defrauded?

We Indian it seems are accustomed to being defrauded again and again.

Posted Jul 17, 2025, 8:38 AM UTC

3614
Loading comments…