Welcome back to the channel everyone today i have some irrefutable proof that citadel is creating synthetic shares. Today, i'm going to show you the statements of a fund that isn't creating synthetics and then compare those to citadels so stay tuned and let's make some money and now i'm going to dive straight in with the key information. So i made a video a few days ago. That explained my background in the accounting industry.

Before i started making videos here on youtube, i actually worked as an accountant for many many years. Therefore, i'm fairly good at digesting financial statements just like these, so today i want to compare the financial statements of citadel securities, a fund that i believe is creating synthetic shares, and i want to compare those to the financials of susquehanna financial, a fund that i believe From this information, at least is not creating any synthetics. Now i don't know if these are the financials for the full susquehanna fund or just one individual department, but from this information this department at least does not appear to be creating any synthetics. Maybe there's other departments within susquehanna that do create the synthetics.

But these financial statements alone do not suggest any synthetics because they look vastly different to the citadel financials. So, let's start by refreshing our mind and looking at the financial statements of citadel securities, the first big number that jumps out is the securities owned at fair value. For around 73 billion dollars, the next big giant number that jumps out is the security sold not yet repurchased at fair value or shares that have been shorted of 65 billion dollars. Now, there's also another 4.5 billion of securities sold under agreements to later repurchase and therefore they've got a total short position in this entity of citadel of around 70 billion dollars.

Now the thing that really jumps out here to me is this line here for securities borrowed they've only located and borrowed 1.8 billion dollars worth of shares, but their total short position is around 70 billion dollars, 70 billion dollars less than 2 billion dollars worth of shares. That have been located and borrowed leaves like 68 billion dollars worth of shares that have been shorted without first locating those shares aka that 68 billion dollars worth of failed to deliver and synthetic shares that have been created and those failed delivers have never been satisfied or Never appropriately been closed out, maybe the official ftd has been closed out and reset using the options chain or using some other brokers, or maybe this is 68 billion dollars worth of naked calls that have been sold or naked puts that have been purchased, but regardless of Whichever way you look at it, that's still 70 billion dollars worth of short positions that citadel holds and they've only located around 2 billion dollars worth of those securities and they've only borrowed two billion of them. Now, if we compare and contrast this to the financial statements of susquehanna, we can see something massively massively different now. The first big number that jumps out in the susquehanna financial statements is this one billion dollars receivable from clearing brokers.

This is one billion dollars worth of assets held on behalf of susquehanna by other brokers like prime brokers, for example. Obviously, susquehanna is not a market maker and therefore maybe they hold a number of those assets at different market makers or different prime brokers, for example, but susquehanna also hold 288 million dollars here in their personal names or personal accounts as well. So they've got around 1.2 billion dollars worth of long positions now i know that susquehanna is a smaller fun than citadel, but i didn't think it was quite this small. This is what leads me to believe.

This is only one individual department of susquehanna group. Again, if we scroll down in the susquehanna financial statements, we can see that they've got security sold not yet purchased and security sold under agreements of around 800 million dollars. Now the next big number that jumps out for me is the 1.2 billion dollars worth of securities. That susquehanna has actually borrowed they've, actually located and borrowed 1.2 billion dollars worth of shares, which is fairly equivalent to their total long positions.

That means that actually susquehanna have borrowed and located 1.2 billion dollars worth of shares, but only shorted 800 million of those. Therefore, this department of susquehanna has located every single share. They are currently shorting and they've even located and borrowed additional shares that they aren't yet shorting when we compare that to citadel citadel, have shorted around 70 billion dollars worth of stocks, but only located around 2 billion worth of those if citadel had 65 billion or 70 Billion dollars worth of shorts you'd expect that every single penny of those short positions should be located and should be borrowed. Therefore, they should have 70 billion dollars worth of shares that are borrowed, but actually citadel only has two billion dollars worth so.

Therefore, while susquehanna has located every single share, they've shorted and then some said that they'll have massive massive amounts of synthetic shares right here in their financial statements. Guys, if you haven't already be sure to send it to moomoo using the link in the description below and make your first deposit to get up to five free shares, valued to 3 500 each and a free share with a guaranteed value of around twenty dollars. Moomoo has also just officially announced that mumu and futu do not accept payment for order flow, and therefore you don't have to worry about your trades, going through sketchy, dark balls or being given to citadel moon also has tons of technical indicators and advanced charting tools. Moomoo.

Also publishes daily short selling information position, cost distribution and much much more moomoo is also entirely commission free and will help you to trade like a pro so guys be sure to sign up to moomoo, using the link in the description below to get up to 17 500 worth of free shares now again, something else here that i think stands out as well is susquehanna also have 1.2 billion dollars worth of securities loaned out. Therefore, when somebody wants to borrow their shares, they appropriately lend them out to the receiving customer. Susquehanna has around 1.2 1.3 billion dollars worth of long positions and they've loaned out around 1.2 billion dollars worth of those shares, so they're helping people to avoid the creation of synthetic shares and helping other people to avoid fail to delivers by appropriately loaning them all. The shares, however, with citadel citadel, has 73 billion dollars worth of long positions, but only has 900 million dollars of shares, they've actually lent out.

Therefore, citadel does not help people avoid the creation of synthetic shares and actually facilitates the creation of additional synthetic shares by other market makers. Citadel says: nope. Sorry, you can't borrow our shares. We're not loaning any out.

You'll have to create them yourself to fulfill your customers. Requirements, whereas in this specific department of susquehanna they say, oh yeah, you want to borrow some shares, we'll happily lend those shares out to you, because we do not want to create any filter, delivers or any more synthetics. Now again, i'm sure there's other departments of susquehanna that potentially do create those synthetic shares, but this department at least that's filed. These financial statements, doesn't appear to be creating any synthetics.

It's frustrating that from comparing and contrasting these two different financial statements, just how obvious citadel's synthetic short position actually is. These financials are filed directly with the sec and they're available from the sec website, so it just goes to show actually how little the sec really cares. But as the department of justice and the fbi are now a lot more involved, hopefully this is all resolved fairly soon, david neo tweeted saying citadel sold 65 billion dollars worth of securities that they don't own. Technically, this is the 65 billion dollar short position.

That citadel has but remember, they've only located two billion dollars worth of these shorts. So technically, this is only 63 billion or 68 billion. If you include those shares where there's an agreement worth of synthetic shares and david says, in other words, they are hoping that these companies will not bounce back like sears toys, r, us or blockbuster, so they never have to pay that back to those retail investors. Obviously, citadel's aim is to drive the price of amc and gamestop down so low that they never have to cover those short positions if they can bankrupt, amc and gamestop and get their shares and their stock relegated to the otc market.

The stock will be priced so low and will have no chance of ever recovering and therefore citadel won't ever have to cover their short positions. They can just take out loans from other banks on margin and use those unrealized profits as the collateral to meet those margin requirements, and he says the wall street strategy is simple: buy enough shares to control the company, the new short company or the stock indefinitely to Send the stock to the otc market, where retail participation is almost none and you don't have many to fight with and number three take all cash from shorting tax-free, because the position is still open. Those shorts obviously never close their short positions. They just borrow money from other banks using that unrealized profit as collateral.

Therefore, because they've never closed those positions, they never have to pay tax, but david also says the difference. Is they placed the wrong bet against the wrong crowd? We are going to make them pay. The sec has been fully supporting the ponzi scheme. All of these years.

They've passed laws and made some noise to make investors believe they're fixing something. But the market is completely broken and that's why i think we need some criminal bodies, like the department of justice or the fbi, that don't just regulate the stock exchange and they aren't funded by these financial institutions. The sec is largely controlled by congress, which is lobbied by these financial institutions, but the department of justice and the fbi is largely entirely separate as their criminal organizations. Now i also wanted to touch on the gamestop loop ring and immutable x.

Nft marketplace, as i haven't touched on this for a little while here on the channel sean fitzy tweeted, saying, there's a new job posting on the gamestop website. That says, as we ready our nft marketplace for launch we're, adding a technical product manager to lead the integration of the gamestop nfc platform with bleeding edge back-end technology partners in gamestop's latest 8k filing. They recently announced that the gamestop nft marketplace will be partnering with both loot, print and immutable x, and therefore we have guaranteed confirmation that gamestop are indeed working with loop ring. The gamestop nft marketplace was supposed to be released in quarter 4 of 2021, but has obviously run into some delays.

However, i do think gamestop will shortly be releasing their nft marketplace as they're readying. The marketplace for launch they've already opened and closed their nfc marketplace to new nft creators that are going to be listed on the platform. Therefore, they've already got the nfts. They now just need to launch the marketplace when this nft marketplace is launched, maybe this month or over the next month or two, i do think the loot print crypto will move back to its previous highs and far past them, especially if the wider crypto market trends Upwards, as well so guys be sure to, let me know down in the comments below what you think about the proof of citadel.

Creating synthetic shares. Do you think citadel are creating them based off their financial statements compared to the susquehanna statements and as always guys, if you enjoyed this video, be sure to check out some of my others, alternatively, subscribe to the channel and do that notification bell, because that way you'll Be alerted when i upload a new video cheers:.