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518 points bwfan123 | 1 comments | 06 Jul 25 14:03 UTC | HN request time: 0.239s | source

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walterbell ◴[06 Jul 25 20:17 UTC] No.44483691[source]▶

https://web.archive.org/web/20250519053752/https://www.bnnbl...

> Jane Street sued Millennium, Schadewald and Spottiswood in April [2024], claiming the two traders had taken an “immensely valuable” trading strategy with them. It later emerged at a court hearing that the strategy involved India options and had generated $1 billion in 2023 profits for Jane Street.

replies(4): >>44483859 #>>44484138 #>>44484711 #>>44489577 #

brcmthrowaway ◴[06 Jul 25 20:41 UTC] No.44483859[source]▶

>>44483691 #

This is interesting. Anyone know what they offered these traders? Can't be more than Zucks 100mn offer!

replies(2): >>44485323 #>>44485770 #

1. esseph ◴[07 Jul 25 01:18 UTC] No.44485770[source]▶

>>44483859 #

He didn't actually offer anyone 100m, that was a bullshit number Altman made up.

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Jane Street barred from Indian markets as regulator freezes $566M