Jane Street Scrutiny Sends XRP Higher as Analyst Warns of ‘Psyop’ Risk
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Zach Rector is saying that a high-profile market-manipulation lawsuit targeting trading firm Jane Street may be coinciding with the end of a long stretch of crypto market suppression — but warns the apparent relief rally could be a trap. The YouTube show host, who focuses heavily on XRP and macro liquidity cycles, links the recent complaint filed by the Terraform Labs bankruptcy administrator against Jane Street to a noticeable turn in market sentiment and price action, particularly in XRP. Since the lawsuit emerged, Rector notes, “our market has basically moved up and to the right,” with Jane Street even
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