[next_xibalba]

> they can control the price (naked shorting + strategic FTDs) and trade on it

This is the bit that seems poorly substantiated and unlikely. Please elaborate. Anything evidence you can cite would be helpful.

Also, Citadel’s HF has definitely had down years.

[bboygravity]

I understand. I found it mind blowing and unbelievable too at first. I can recommend this book:

Naked, Short and Greedy: Wall Street's Failure to Deliver (2020)

Susanne Trimbath

It's full of examples and evidence from someone who has worked at the SEC.