Image by mohamed Hassan from Pixabay
Anonymous Group exposes another bad guy of the Financial World - Ken Griffin
Screenshot of Anonymous groups video message to Ken Griffin
I really need no subscription to any streaming service like Netflix for entertainment, ha!! This Sunday evening, I got notification on youtube of this super thrilling video message where the Anonymous Group gives their message to another bad guy, Ken Griffin.
I subscribed to their channel last time when I loved their expose of Elon Musk. These guys do expose such villainous characters of the world through their super cool video messages.
Very entertaining youtube channel for sure with Anonymous Group's message videos calling out the popular big bad guys and exposing their ill doings that should sicken us
This Anonymous group seem to be against big powerful entities that are corrupt and just easily harm the interests of innocent masses like us .
Anyway back to Ken Griffin, whoever this Anonymous group are, it sure feels good watching their expose videos, threatening the bad guys, the villains, ha!!
Retail communities online showcase information highlighting the financial evils committed by Ken Griffin
Community online who have taken efforts to educate public on the financial crimes committed by Ken Griffin. This is taken from one such website - https://kengriffincrimes.com/
Now Ken Griffin, is a popular Financial villain hated by many retail investors, because he makes money through his Hedge Fund Citadel Securities LLC , by cheating retail investors and benefiting out of their loss.
The community against him have made websites with information on financial crimes this rich Chicago guy has commited. Some of these websites are - https://kengriffincrimes.com/ and https://www.kengriffinlies.com/. Interestingly there is also a Hive account @kengriffinlies dedicated to posting content exposing the financial atrocities of Ken Griffin, you can view the content posted by that account in Hive here - https://hive.blog/@kengriffinlies.
@kengriffinlies account in Hive!! Cool!!
Well, it feels good when we are able to express such stories about these kind of powerful villains through posts, after all what else can we do, as we are no superheroes but humble retail investors.
Common practice of Giant Hedge Funds making money by wiping out the investments of retail investors
Now, I guess, most of us know that these Hedge Funds like Hedge Fund Citadel Securities LLC make money using retailers. As crypto people we are against power manipulation of markets by them. That’s why we people had so much fun when the giant Wall Street Guys were outsmarted by a group of retail investors with members of the r/WallStreetBets Reddit Group managing to make money out of these Wall Street biggies investments in the GameStop (GME) stock.
From https://kengriffincrimes.com/. This is in reference to the r/WallStreetBets group winning the trading game against the Wall Street Giants, with that group of retailers purchasing the GME stock that was one of the most shorted stock by Wall Street. That move worked, and made the retailers profited out of the losing investments of the Wall Street!!
What happened in that episode was that all the Wall Street guys betted against GME stock and shorted it, while the smart group of r/WallStreetBets (WSB Reddit) group bought up the GME stocks that was the most shorted stock in the market that time and took the price of GME up by 600%.
So, these Wall Street giants lost money as shorting involved betting against borrowed GME Stock which the Wall Street Gants had to return back by buying them back at the risen up high price resulting in a short squeeze. Anyway, that story you can read here.
OMG, What a fun episode it was!!
Anyway, my point was these Giants like Citadel Securities LLC are known to manipulate and make money out of investments made by retail investors, while the GME stock episode was one that had retail investors organise themselves and win over Wall Street Giants, which is all fair as that’s how those big guys make money by wiping out the retailers money in investments.
Ken Griffin making money trading against retail traders of Robinhood Exchange
Now consider how Hedge funds like Citadel Securities LLC have made money in the past. Yes, it’s explained in the Anonymous video exposing the CEO of Citadel Securities LLC, Ken Griffin.
Robinhood is a popular trading platform for retailers and one of it’s backers is Hedge fund Citadel Securities LLC. Robinhood sells its order flow data to various trading firms including Citadel Securities LLC!! This means that the buy, sell details of people using Robinhood are known by trading firms like Hedge Fund Citadel Securities LLC.
These firms will trade using this data and gain an edge over the market. More on this can be learned, reading the article that was highlighted by the anonymous group in the video.
The Institutional investor article shown in Anonymous Group's video
So, Robinhood sells its order flow to Hedge Fund Traders like Citadel Securities LLC and they front load those orders and execute it according to their preference.
Although I am not clear, these Hedge Funds front load orders of retail investors in RobinHood exchange and the orders get executed quickly moving markets. This is clear manipulation of the market, and trading with an unfair advantage.
However, this is all legal, as zero fee exchanges like Robinhood have to sell their order flow data to their backers and get money to be able to maintain their zero fee trading fees!!
Reasons for Retail investors to feel Ken Griffin was at war with them
Ken Griffin on the side of the Big Corporates
Next point, after the GME stock episode, Melvin Capital lost out and was on the verge of bankruptcy, but Citadel Securities LLC bailed out Melvin Capita by injecting $2 million into the firm and Ken Griffin was criticized for this for acting in favor of the big guys, his friends.
Ken’s power over Robinhood Exchange preventing Retail investors from trading freely and making profits
Then if this was not enough, due to Ken Griffin’s influence on Robinhood, retail investors were barred from buying more of the GME stock on Robinhood exchange to prevent further damages to the Wall Street friends of his.
Even if Robinhood Exchange was supposed to be retail trader friendly because they take zero fees, the retail traders are not free to trade stocks as they want with restrictive measures like this from Robinhood that’s controlled by influences of big Hedge Giants like Citadel Securities LLC .
Robinhood Exchange was not allowing Retail investors to benefit and make money trading against the Wall Street company interests, while it allowed Giant Hedge Funds like Citadel Securities LLC benefit by trading against the investments of Retail investors.
More on this can be read in this CNN article -
I urge everyone to read the provided reference article links thoroughly to understand the gravity of the issue that I am trying to explain that Ken’s Citadel Securities LLC is profiting out of manipulation of the market against the retail investors but he is against retail investors profiting by playing the same game against big guys like him!!
Anonymous bats for DEFI as a alternative to trading in Centralised trading platforms like Robinhood Exchange
Anonymous finally and very rightly talks about why centralised platforms like Robinhood are bad for retail investors and propagates decentralised trading platforms like DEFI .
Here is where they introduce their own Anom token which I have not checked yet. People may check whatever DEFI platform that Anonymous Group have built through the link they have shared in the page.
Retail investors should educate themselves about the market and not fall prey to these big Hedge Fund traders
Image by mohamed Hassan from Pixabay
I can just conclude that whether or not Ken Griffin is a financial villain, there sure would be plenty more villains like him. Giant Hedge funds like Citadel Securities LLC make money manipulating markets and wiping off the investments of retail investors.
It’s the responsibility of us, retail investors, to educate ourselves on all these financial trading matters and play the game without losing out against the big guys. Let’s be a vigilant investor, than a naive one falling down with FOMO playing into the hands of these Giant Corporates having them profit out of our losses in investments. It sure sucks!!
Recalling that Ken Griffin made recent news out bidding and winning against crypto investors
Btw, now I recall Ken Griffin even made news in the crypto world. You remember a month back there was news about a ConstitutionDAO comprising of a group of crypto investors raising about 43$ million worth of funds in ETH to bid for a rare copy of the US Constitution.
Well, they could not win over that copy of the US constitution because this guy Ken Griffin through his Hedge Fund Citadel Securities LLC brought that rare copy of the US constitution by bidding even higher, ouch!!
Yet, atleast small fishes are getting together pooling against the big guys and sometimes winning like what happened in the GameStop r/WallStreetBets episode of last year!! Ha…Ha…Ha…I still find that entire episode so hilarious, I urge all of you to recap and rejoice that victory of Retail traders over those Big bully Wall Street Giants. Serves them right!! Anyway.
Conclusion
Well, the apt way to conclude is quoting what Anonymous Group says in the video that the time of these big Giants that make money swindling the investment money of Retail investors through their control and influence over centralised trading platforms has come to an end.
Yup, DEFI looks like a threat to these traditional financial markets systems and hopefully, it will benefit retail traders. Crypto and Blockchain provides all of us with opportunities to make wealth.
Thank you for reading my post. Have a lovely day.
