EFTA00083360 Subject: Fw: Formal appeal for preliminary denial covered action 2015-016/ Knight Capital TCR & Appendix Judge Nathan et al, There is NO REAL INVESTIGATION OF MY ALLEGATIONS. The information I have provided resulted in a VERY nice plea deal for Mr Kamensky. Yet, the very same information has amounted to no real investigation by the SEC whatsoever. Today, VIRT/NITE reported Q4 2020 and full year 2020 results. The balance sheet fraud is abundantly evident STILL. https://www.sec.gov/Archives/edgar/data/1592386/000110465921020227/tm216148d1_ex99-1.htm What is tangible book? WHY does receivable not fluctuate? WHY all the trading inventory for an HFT with no DMM WHY won't the Sell side analysts ask any questions on the balance sheet? So, while Mr Kamensky is virtually a free man as the direct result of my contacting the SDNY Courts, the criminal enterprise NITE/VIRT continues to operate UNINTERRUPTED. No Doubt the third NITE/VIRT CFO in just over a year Sean Galvin is keeping the fraud up and running. There is NO SEC investigation. Chris From: Chris Dilorio < **Sent:** Friday, November 6, 2020 7:09 AM Subject: Fw: Formal appeal for preliminary denial covered action 2015-016/ Knight Capital TCR & Appendix
Janey et al.
NITE/VIRT just released 3Q2020 earnings.A direct result of a massive, ongoing,SEC facilitated fraud on the public the SEC is mandated to protect
EFTA00083361 The Balance sheet fraud shell game continues. https://www.sec.gov/Archives/edgar/data/1592386/000110465920122134/tm2034848d1_ex99-1.htm for the sell siders to ask on the earnings Call: Tangible book BEFORE we get into mechanics of the massive, ongoing accounting fraud as a direct result of I get les than $2/sh. Tell me where I'm wrong. illegal naked shorting OTCM (and other) shells: But, it's MUCH MUCH MUCH worse than that; Account receivable : $1.88 billion Payable: $675 million Difference: $1.2 billion AR is where NITE books naked short fails as a result of self clearing. No intention/can't deliver. More accurately: a liability Further: prior commitment on this "asset": settlement. Nothing NITE/VIRT can convert to cash for company use. Also: Trading assets: the old securities owned Trading liabilities: the old securities sold not yet purchased Structural liability as a result of naked shorting. Propped up/off set by securities owned. NITE/VIRT is grossly insolvent STILL/AGAIN/CONSTANTLY. And, no breakdown of the vast driver of trading revenue: US equity market Making Did NITE/VIRT exit the extremely low tech/cash OTCM trading business? NOPE This illegal activity is extremely profitable. Virtually riskless in fact. AND is the driver of trading revenue. WHY the VIRT/KCG merger was done . Abusive naked shorting OTCM/other shells to facilitate money laundering is and always has been the core business at NITE. The SEC knows this. Where are disclosures in SEC filings of this high AML risk business? You won't find any. Cifu stopped reporting post merger. Not in Sell Side models either. INTENTIONALLY misleading the investing public as to the true nature of the NITE/VIRT business model. In short: absolutely NOTHING has changed since the so called "glitch" as a direct result of SEC corruption/obstruction. With help from the SDNY and Sell Side analists covering NITE/VIRT Cheers! Christopher J Dilorio Whistleblower From: Chris Dilorio < Sent: Wednesday, October 14, 2020 9:00 AM