Early Apple investor calls Indian derivatives 'scam'; says 'Only brokers, exchanges, govt earn'
Indian-origin trader Shankar Sharma, who claims to be early Apple and Amazon investor, called Indian derivatives "scam", saying they have ultra-high costs which "eat away returns massively". An X user said he's shifting his capital to US markets, with Sharma responding, "Good move." "Only brokers, exchanges and government make money...Kya loota in teeno ney (how they've looted us)," he added.