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Market News

India’s SEBI Halts Jane Street Over Manipulation Probe

Written By Pari Shukla Pari Shukla
Fact Checked by Dhara Chavda Dhara Chavda
Published July 4, 2025 5:16 PM·Updated 12 months ago
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India's SEBI Halts Jane Street Over Manipulation Probe

The Securities and Exchange Board of India (SEBI), which looks after India’s stock market, has stopped a big trading company called Jane Street from working in India. This decision was made on July 4, 2025, because SEBI thinks Jane Street might have cheated by manipulating the market.

Jane Street also provides crypto trading services. Earlier this year, Jane Street’s crypto trading volume tripled compared to the previous year. The New York-based company purchased $110 billion worth of cryptocurrencies, including stablecoins, and sold $110 billion worth of cryptocurrencies last year. In the year 2023, Jane Street bought $31 billion in cryptocurrencies and sold $30 billion worth of crypto.

Jane Street, known for its smart trading with options, reportedly earned $566.3 million (over ₹48.4 billion). As per the reports, the SEBI has ordered that Jane Street will not be allowed to use the securities market until further notice. This ban is a big action that is taken by the SEBI to stop unfair practices, especially since Jane Street is a major player accused of changing market results to earn more profit.

It’s also famous for using advanced trading techniques, and furthermore, it has not said anything about these charges yet. SEBI seems to be carefully checking how Jane Street worked, especially its options trading that brought in so much money. This ban might cause a movement among people in the finance world, leading to talks about how rules are enforced and how to keep the market fair and clear.

This situation comes at a time when people are paying more attention to high-frequency trading companies and how they might affect the stability of the market. It’s not yet clear how long Jane Street will be banned in India or what else the investigation will reveal. 

However, this initiative taken by the SEBI highlights that it is serious about keeping investors safe and making sure that the trading is done legally. People in the market are eagerly waiting for more information from SEBI and Jane Street to understand what this ban really means and what will happen further.

Also Read: India’s NCB Cracks ‘Ketamelon’ Darknet, Seizing $82K in Crypto

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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