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Jane Street Boss Says He Was Duped Into Funding AK-47s for Coup

(Bloomberg) -idianame reads like a cinematic conspiracy: Harvard member and another activist, the South Sudan government to overthrow the government of the AK-47s, Steinger missiles and grenades were claimed to want to buy. The deficiencies in cash enough.

Now, Jane Street’s co-founder Robert Granieri acknowledges that he had put the money-fool, he said he was deceived to finance the coup plan. Behind a Wall Street Trade Power Center, the wealthy of the Harvard member Peter Ajak, who was accused of planning to establish himself on the East African nation last year, stems from the US prosecution.

“Granieri has been a supporter of human rights for a long time,” his lawyer said. “In this case, he lied about Rob’s human rights activist that he defrauded Rob and his intentions.”

In March 2024, the case turned out to accuse Federal prosecutors of Ajak and Abraham Keech of conspiracy to illegally export to their country. Both claimed he wasn’t guilty.

Although the prosecutors did not say that the defendants had received a few million dollars to buy military class weapons, Ajak’s lawyers pointed out to Granieri in a recent file-53-year-old financier, “life for the plan”.

In the late May, the alleged conspiracy would be impossible without the important financing that Mr. Granieri could provide and agreed to accept.

Lawyers accused the authorities of the selectively two black men, but the support came from Granieri and Garry Kasparov, chess champion and leading Russian opposition. The United States did not accuse both of the wrong.

Kasparov recognized Ajak when he became the President of the Chessmaster Human Rights Foundation. Later, he tied Ajak with Granieri, according to people who were familiar with the situation that wanted to be defined by discussing the legal case.

“My registration and values ​​are open and unchanged,” Kasparov said in a statement sent by a spokesman in response to questions about the case. “I stood up for most of my life for civil rights and encouraged democracy in the world.”

According to industrial foreigners, Jane Street is probably known as the former employer of Sam Bankman-Fried, before leaving to build a torn crypto empire.

However, in front of the Wall Street, the company that makes the market is a source of admiration for transforming mathematicians into merchants with mint. Last year, a net trade revenue of $ 20.5 billion provides Bank of America Corp. and Citigroup Inc.

Despite the rise of Jane Street in the industry, Granieri kept a low profile. One of the four founders of the company – and the only person still there. Nevertheless, it was not included on the company’s website and its public photos are small.

The success of the company allowed Granieri to pour money for other initiatives and reasons. He helped the construction of Scarlet Pearl, a casino facility on the Gulf Coast in Mississippi, a great financial supporter for the Republican Presidential Presidential candidate Nikki Haley and donated to the Equal Justice Initiative and the Institute of Justice.

Money also directed to the causes of Kasparov around the world.

South Sudan, which was slightly larger than France, became the youngest country in the world after leaving Sudan in 2011 after more than 20 years of civil war.

Bloody regional conflict has displaced millions of people, drew attention from human rights activists, and became the main current awareness after actor George Clooney’s defense of intervention in the early 2000s. Although it emerges as an independent nation, the stability is still escaping from its people.

Ajak aimed to change it.

In the 1990s, after he escaped from life as a child soldier in Sudan, he resumed as one of the “missing men” in the USA. He continued to study at Harvard Kennedy School before returning to Sudan as the World Bank economist. After the independence of South Sudan, Ajak later sought asylum in the United States and became a leading opposition activist and political prisoner.

In the court case, an adhesive point in the case of US officials how much Ajak and Keech have knowledge about the claim of overthrowing the South Sudan government.

For both men, lawyers said in court that they plan to make a “public authority” defense, claiming that they are essentially supported by US officials. The prosecutors told Ajak that the Ministry of Foreign Affairs would not finance their non -democratic regime plans in October 2023.

Ajak and Keech are accused of progressing whatever happens. They needed financial support for this.

Finance was shaped in the midst of the hurry of meetings earlier last year. Some were in Paul Hastings, a law firm of Renata Parras, former Ajak’s former professional bond lawyer Renata Parras, according to May file. Another participant says he was Michael Holtzman, Public Relations Specialist who previously advised the Ministry of Foreign Affairs. Prosecutors did not accuse Parras or Holtzman of injustice.

“Based on the government’s indictment, it seems to lie to me and others about their intentions from the beginning,” Holtzman said in a statement. Parras did not respond to the request for comment.

According to prosecutors, the quest for cash reached a climax in a Midtown Manhattan Floor ownership building in February. Granieri first met Ajak, people with information on the subject. The next day, the charging documents claim that Ajak sends a encrypted message to a secret agent: “We are buying the fund.”

According to people with payments, the financier then transferred $ 7 million in two stages.

A few weeks after the condemnation meeting, the prosecutors said Ajak and Keech had supervised a gunfire in a Phoenix warehouse. They were arrested soon.

There are more stories like this Bloomberg.com

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