Jane Street Co-founder Caught Up in Alleged Coup Controversy

New York-based trading giant Jane Street Capital was recently barred from participating in the Indian securities market after market regulator SEBI accused the firm of using manipulative trading strategies that allegedly caused losses to millions of retail investors. Jane Street has firmly denied the charges.

This isn’t the first time the secretive trading powerhouse has faced controversy. In June, the world of high-frequency trading was shaken by reports linking Robert Granieri — a low-profile co-founder of Jane Street — to a suspected coup attempt in South Sudan. Granieri, known for maintaining a low public profile despite his significant influence in global finance, claimed he had been misled about the financial connections. Nonetheless, the revelations cast a harsh spotlight on both Granieri and the elusive firm he helped build and continues to shape.