Bitcoin Was Built To Escape The Rigged System — They Just Built The Cage Around It

Tom Bilyeu · · 20 min

Tom Bilyeu examines allegations that Jane Street manipulated Bitcoin prices through regulatory loopholes available to authorized participants in BlackRock's Bitcoin ETF, arguing this mirrors broader Wall Street exploitation of retail investors.

Watch the episode 20 min · YouTube

The gist

  1. Bilyeu says Jane Street allegedly dumped Bitcoin at exactly 10 a.m. daily using low-liquidity windows to trigger cascading liquidations of leveraged retail traders.
  2. Authorized participants in Bitcoin ETFs can hide short positions and derivatives while only disclosing long positions, creating a major information gap over ordinary investors.

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