Jane Street faces legal action from Terraform’s liquidators and a ban by India’s SEBI following claims of $4 billion in profits from Bank Nifty trades.
Jane Street, a high-frequency trading firm, is facing lawsuits from Terraform's liquidators and a trading ban by SEBI over alleged market manipulation. The firm is accused of profiting $4 billion from Bank Nifty option trades. Jane Street denies the accusations and remains under investigation as of February 2026.