Welcome back to the channel everyone today, citadel and ken griffin are being sued for fraud and, more specifically for racketeering, i've managed to get hold of the full court document and i'm going to be going through it today and pointing out the key bits of information. So stay tuned and let's make some money, but guys before i dive into the video. I just want to give a massive shout out to the 4 000 of you that have currently ding that notification bell, because you guys are always the first to watch a new video as soon as it's released. So you guys be sure to drop a like down below subscribe to the channel and ding that notification bell, if you haven't already so that you don't miss another video.

Just like this one and just a quick one before i dive in with the key information, if you haven't already i'd, really consider joining the private discord and becoming part of the team. That way, you get urgent updates news and due diligence about amc and other stocks, and you also get entered into a draw on the 28th of august to win 600 linked in the description below and now i want to dive straight in with the key information. So this is the guy suing ken griffin in citadel, as you can see, he's a private investigator for financial crimes and cyber security he's also a member of the association of certified fraud examiners. Therefore, this guy clearly knows what he's doing and has clearly done his research.

As you can see, this is the plantiff and he's accusing ken griffin citadel securities, the market maker citadel connect, the dark pool, citadel llc, the hedge fund, the sec, finra dtcc, robin hood and finally weevil. Now i don't want to read this entire lawsuit page for page and word for word, so i will leave it linked in the description below if you do want to give it a full read, i'm just going to read you the synopsis and give you the key Points of information this case arises out of the fact that the sec and other government agencies have breached the contract they have with myself and other united states citizens. We pay them to protect our interest as retail investors and ensure a fair and open market, and by accepting those payments they contract to protect the integrity of the market. The sec, finra and the dtcc have breached the contract they have with myself and other american citizens and the entire world's economic system.

They breached the contract by turning a blind eye to the irregularities and illegal acts in the market and allow this malfeasance to continue costing donahue george losses of 1.7 million dollars and other investors or other retail investors millions of dollars. Even when these government agencies put an appearance of finding these bad actors in our markets, the fines and punishments are so small that, instead of acting as a deterrent, the fines and punishments actually embolden the bad actors to continue their bad behavior. Robin hood and weibull, along with ken griffin citadel citadel connect citadel securities, the sec finra and the dtcc, have created an enterprise and conspired and participated in conduct that manipulated the market and controlled the prices of stocks to the detriment of myself and other retail investors. The defendant's pattern of behaviour, of allowing market manipulation or participating in market manipulation is ongoing and continuous and a violation of united states anti-trust laws.

The defendants established a private dark pool in order to manipulate the price of securities and derivatives. The defendant's actions and the government agency's inactions were the direct cause of my monetary losses. Citadel connect acts as a private dark pool and, while the sec has strict regulations regarding darkpool registration, citadel connect has been given free reign by the sec, finra and dtcc to operate outside of the law, to the detriment of donohue, george and other retail investors nationally and Internationally, the defendants committed substantive rico violations per 18 usc, section 1962, resulting in the plantiff donahue george losing money, and the injury occurred because of the defendant's substantive rico violations. The defendants also committed counterfeiting and wire fraud by counterfeiting and selling fake synthetic shares into the market.

That they knew did not exist and then sending electronic wire to plantiff, alleging they wired the stocks and derivatives through weevil and robin hood that planted purchased when in reality they wired nothing. The abusive shorting is not the random act of renegade hedge funds and market makers with the sec, finra and dtcc turning a blind eye, but rather a coordinated business plan that is carried out by a collusive consortium and enterprise of hedge fund, prime brokers and market makers. Under the closed eyes of the government agencies that we are paying to protect our interests, the predicate actions of the defendants were continuous and interrelated. The defendants participated in conduct that was interrelated.

The action of the defendants created an enterprise because they all benefited from their illegal activity. The defendants have established a pattern of behavior over the past years, in furtherance of their market, manipulation and legal activities. The defendant's action and the government agency's interactions or inactions are the direct reason for donahue george's losses. The actions of defendants, ken griffin, citadel llc, citadel securities and citadel connect are a direct violation of the sherman act of 1890, the clayton act of 1914 and the federal trade commission act of 1914 and they have an illegal monopoly on the market and the sec.

Finra and the dtcc turn a blind eye to these violations. The defendant's illegal monopoly is the direct cause of donahue george's monetary losses. The next few pages then explain what a repo violation actually is and how a firm or a person or a company qualifies to have committed a ricoh violation. The defendants committed wire fraud by electronically sending fake counterfeit shares that they knew did not exist through my weeble and robin hood accounts electronically.

The defendants committed counterfeiting by fabricating and counterfeiting, fake synthetic shares and selling them into the market and shorting them into the market. Even though they knew that selling fake naked shorts was illegal and banned since 2008, the defendant citadel llc citadel connect citadel securities, along with robin hood and weevil conspired to hold our buy orders in order to buy in front of me in order to gain a distinct Illegal advantage citadel was fined seven hundred thousand dollars in the past for this illegal activity, but that fine was not significant enough to stop that bad behavior. They routed buy orders through the dark pool and flood the regular markets with sell orders in order to manipulate the price of amc and gamestop stock. The dark pool volume for amc and gamestop is over 60 percent and no other stock has that type of dark pool volume.

It then also explains that retail traders can't trade in the dark pool and also about coordinated ladder, attacks to control and manipulate the price of amc in gamestop. It also talks about the say, technology's website, proving that billions of synthetic shares actually exist in the market and also how failed the delivers ground lots and odd lot trades and also short exempt shares are being used to manipulate the price of amc and gamestop further. It also, then touches on their use of mass media and social media, and also the bots and shields they've paid and utilized to spread, fud or fear, uncertainty and doubt into the market. It also touches on how citadel and i think, ubs as well - have paid janette yellen around seven million dollars in speaking fees and also touches on how ken griffin is effectively in possession of a monopoly over the stock market.

Donna, hugh george, is requesting actual damages of 1.7 million dollars and punitive damages in the amount of 100 million dollars to punish the defendants and ensure they do not commit these illegal acts again. So what do i think about this? Firstly, i think it's great. Some action is actually being taken and citadel and ken griffin are finally being sued for their wrongdoing. If we go back to that first page, we can see that donahue george has requested or even demanded a jury trial.

In terms of the downside to this, i guess there's two main downsides the first one being is time, court cases and legal cases like this tend to take years and years to resolve not days or hours. Therefore, while it's great that action is finally being taken, people, like ken griffin, have the billions and billions of dollars to waste on expensive lawyers to ensure that a court case like this goes on for 5, 10, 15 years or even longer, and not the 5 10 Or 15 minutes that we'd like to wait before the amc stock starts to squeeze the other downside, i noticed even from just a quick gloss over this report is there's a lot of spelling errors and i wonder - and i worry if this court case demand is going To be taken seriously case in point: is that he's misspelled finra on the front page because there's an eye in finra the second one that i noticed, which popped up a lot in this report or this court case is the word insure, which is spelt with an E, obviously, this court case request or court case demand has been filed quickly and i hope that doesn't impact the seriousness or how seriously this demand is taken, and i also wanted to ask when is a glitch, not a glitch, a quick compilation of amc glitches over The last few months, hello, family, ape anna. Here again, how are you i missed your loss. I stepped out for a bit because i genuinely believe all the necessary due diligence that needs to be done has been done and that you just need to trust the process.

But i'm popping back in here for a moment to write a bit of a fun tinfoil hat post with respect to glitches. Here are all the glitches that i've been able to find any information on over the last few months april 15th, a glitch on the new york stock exchange website showed amc's after hours trading running to 95 dollars. At the time when amc was trading for around nine dollars april 30th, a glitch on google stocks showed amc's price at sixty one dollars when at the time, amc was only around eight dollars. May fourth, a glitch on the robin hood app showing amc's price at four hundred and eleven dollars again.

Trading price at the time was around ten dollars. June 10th: a glitch on multiple platforms showing amc's prices having lost over 200 plus implying the price was approximately 280. Previously, when the trading price at the time was only around fifty nine dollars july 13th, a glitch on fintel showing an institution bought four amc shares at five thousand dollars per share. The same institution was also shown as having later sold.

Those four amc shares for a total of forty one thousand dollars implying the price was approximately ten thousand two hundred and fifty dollars per share july 19th: the glitch on multiple platforms showing amc's prices having lost three hundred and fifteen dollars august. Second, the glitch on fintel showing an institution closing seven amc shares for a total of sixty nine thousand dollars august 4th the glitch on training 212, showing users offered being double the price of amc per share; august 16th, a glitch on yahoo and august 19th. A glitch on bloomberg are you seeing what i'm seeing yet? No i'm sure i can't be the only one noticing a few key points here, namely one the prices in these glitches generally seems to follow. Trends of volume, presumed increases in overall flow ownership and or on ticker price.

Interestingly, it also always seems to show amc a higher price than it currently is never than a lower price. These glitches are becoming more frequent and these glitches occurring across multiple brokerages at multiple different points in time. Only impacting amc and sometimes gamestop, which would rule out site-wide problems with obvious answers. Note that on july 20th, peter han, the very vocal investment manager for the city of calagree spoke on a whisper number for amc being around five thousand dollars per share.

I've covered peter han on the channel before and also covered multiple times the potential second book price. Anyway, i just wanted to get all these glitches compiled in one place for the reference of my fellow apes, and i have a feeling it might come in handy for a wrinkle brain who can pick apart. Some of the finer timing, tech and timing details - remember coincidences happen, but when they happen a bit too much, they should stop being written off as coincidences and start being more carefully considered as belonging to a larger pattern. Guys be sure to, let me know down in the comments below what you think about citadel securities actually being sued in court and also what you think about all of these amc glitches and as always guys.

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