New Delhi, July 4 -- Founder and CEO of stock brokerage firm Zerodha, Nithin Kamath, on Friday lauded SEBI for "going after" Jane Street, a US-based investment firm that has been alleged of index manipulation.

In the 105-page interim order, SEBI has imposed to recover one of the highest ever illegal gains made by the group of Rs 4,843.57 crore.

The order targets four key entities under the Jane Street Group umbrella: JSI Investments Pvt Ltd, JSI2 Investments Pvt Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading Ltd.

"You've got to hand it to SEBI for going after Jane Street. If the allegations are true, it's blatant market manipulation," Kamath wrote on X.

"The shocking part? They kept at it even after receiving warning...