Let's not forget Citadel's partner in crime: VIRTU AMERICAS LLC
This is the most smooth-brained kind of DD you can find on this sub. In fact, I'm an ape identifying as a Koala. That's how smooth-brained I feel.
All I did was looking at the FINRA-OTC data posted by u/nibbie1998 earlier this day.
As you can see, VIRTU did even more OTC / dark pool transactions than Citadel in February
Then I did search Google for "virtu naked shorting".
The second entry is a comment by Christopher J DiIorio (a whistleblower) about illegal naked shorting and screwing retail investors by Knight Capital Group / Virtu after an SEC roundtable on Regulatory Approaches to Combating Retail Investor Fraud. He also calls the price of Bitcoin as "an index for money laundering".
The SEC seems to know and doesn't care
I hope that Gary Gensler is cleaning up this kind of mess. They always knew and didn't care. Funnily enough, I contacted a journalist from the Financial Times a few weeks ago and he told me that the "conspiracy theory" of naked shorting is easily debunked with a Google search. Seems like the FT is even more retarded than any primate life form. They can't even do a proper Google search.
Conclusion:
If the whistleblower is telling the truth, this adds even more to the great DD by our silverback gorillas.
Extra cookie for the laughs:
TL;DR
VIRTU has a long history of stealing grandmas' tendies but now they own apes a lot of bananas as long as apes got diamond hands.
Sources:
FINRA-OTC data:
https://otctransparency.finra.org/otctransparency/OtcIssueData
Whistleblower comment:
https://www.sec.gov/comments/265-31/26531-4472528-175857.htm
VIRTU comment:
https://www.sec.gov/comments/265-31/26531-3488782-162247.pdf
Posted Apr 22, 2021, 3:15 PM UTC