Bitcoin Was Built To Escape The Rigged System — They Just Built The Cage Around It
February 28, 2026
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19:33Now PlayingBitcoin Was Built To Escape The Rigged System — They Just Built The Cage Around It
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as posted by the channelWall Street Just Took Over Bitcoin... Is This Game Over? Jane Street — the secretive trading firm behind more than 10% of all U.S. stock trades and one of only four authorized participants for BlackRock's Bitcoin ETF (IBIT) — is now at the center of a lawsuit alleging they manipulated Bitcoin's price at exactly 10AM every trading day, triggering mass liquidations of retail investors. And that's before you get to their alleged role in the Terra Luna / UST collapse that wiped out $40 billion.
This isn't a crypto story. It's a story about how the most powerful players in traditional finance — the same infrastructure behind Regulation SHO exemptions, hidden derivatives, and authorized participant loopholes — plugged into Bitcoin and turned it into the same rigged casino people bought it to escape.
In this video we break down:
— How Jane Street's authorized participant status gives them regulatory exemptions unavailable to any normal trader
— The exact 6-step mechanism allegedly used to drop Bitcoin 2–3% every morning and profit off the liquidations
— Why India's securities regulator (SEBI) froze $566 million of Jane Street's funds and banned them from derivatives trading entirely
— How Chinese regulators caught Jane Street accounts allegedly manipulating silver ETF prices
— The full story of the Terra Luna / UST collapse — how a $40 billion ecosystem was destroyed, what role Do Kwon and Terraform played, and what the lawsuit alleges Jane Street knew in advance
— Why the daily 10AM Bitcoin drops stopped within 48 hours of the lawsuit becoming public
— What all of this means for anyone holding Bitcoin in a world where ETFs and authorized participants now control price discovery
Jane Street denies all allegations. Terraform's founder Do Kwon pleaded guilty and was sentenced to 15 years. Sam Bankman-Fried of FTX was trained at Jane Street. This story connects more dots than almost any other in modern finance.
Whether the courts find Jane Street liable or not — the structure that made all of this possible is not an allegation. It's how the system works.
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Bitcoin, market manipulation, Jane Street, Sam Bankman-Fried, FTX, trading firm, BlackRock Bitcoin ETF, authorized participant, Regulation SHO, short selling, derivatives, retail liquidations, leveraged trading, Terra collapse, UST stablecoin, Luna, Curve liquidity pool, insider information, crypto ecosystem, securities regulation, SEBI, India stock market, China silver ETF, financialization, K-shaped economy, traditional finance, legal exemptions, high-frequency trading, market transparency, asset disclosure. Jane Street, BlackRock, IBIT, Bitcoin ETF, Terra Luna, UST, Do Kwon, Terraform, SEBI, Regulation SHO, Sam Bankman-Fried, FTX, authorized participants, market manipulation.
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