Jane Street pressuring science olympiads into not sanctioning Israel

Almost everyone here knows of Jane Street due to their large scale marketing campaign through sponsorships of various maths and maths adjacent events and competitions. I doubt anyone is unhappy about this -- it is a good place to work and it pays well. Such marketing helps young people find out about their maths related career options besides academia. What I'm posting about is one thing that I was surprized is nowhere in the public record, but is semi well known in the olympiads scene. I am involved with informatics competitions, so I will speak about those, but I'd guess similar events have happened in multiple places. When the Russian invasion of Ukraine began, many/most international organizations sanctioned or banned Russia, including the IMO and IOI. In the case of the IOI, the sanction was initially done by the IC (international committee) between IOIs, also sanctioning Belarus, due to their support of the invasion. Both were later reaffirmed at the IOI by the GA (general assembly -- representatives of each participating country) with the required 2/3s vote. Note that the sanction does not prevent contestants from the country to participate, they just do it under the IOI flag, as opposed to the Russian flag. They are also barred from flying the Russian flag at the opening and closing/awards ceremonies, etc. Later, in 2024 due to the escalation of the situation/genocide in Gaza, the same issue was raised about Israel. There the IC was tied on it (unclear why) and Israel was not sanctioned by them. The issue was discussed and debated by the GA at the IOI in 2024 and finally Israel was sanctioned with a more than 2/3s vote. Immediately following this, Jane Street reached out the IC and told them they are pulling out of any sponsorships due to the sanction on Israel. Note, they've had no such concerns over the sanctions on Russia (or Belarus), so this is not a matter of principle. Now let's look at the EGOI (European Girls Olympiad in Informatics), where Russia was actually fully banned from participating due to the invasion. In 2025, the issue of Israel was discussed. (Note that Israel also participated in the EGOI). Whether to also ban it, sanction it, etc. However then the host of EGOI 2026 (Italy) spoke up and said -- discuss it, if you want, but if Israel is banned/sanctioned, we're not going to host the competition next year, since Jane Street told us they won't sponsor it, if this happens, and we're relying on them as a sponsor (this is paraphrased, not a direct quote). This essentially killed the discussion. One might say, well Jane Street is a private company, they are free to sponsor whatever they want. However, this sets a very dangerous precedent -- nothing like this, by any other sponsor or about any other topic, has happened (that I know of) in the ISO-adjacent sphere. A potential sponsor (especially one semi-committed to an event nearby in the future) using their money to pressure (or even extort) the GA in such a direct way is extremely questionable. Many people in the community (ones involved in the organizational side) now consider them a fairly problematic sponsor, due to this abuse of the process. Note that such competitions have been happening since before Jane Street started their big marketing campaign and I'm sure that if they were never a sponsor, someone else would have been found (e.g. for EGOI 2026), so it's not like it's their own competition or anything like that. However, they've first integrated themselves in the scene and then leveraged their position to lobby for Israel. Luckily, the IOI has had no shortage of sponsors, but for other events (especially when Jane Street is posing such conditions before decisions are made, which was not the case for IOI 2024), this is quite troublesome. I am posting this only so there is some record of this publicly, as it is known among various team leaders, organizers, etc., but it is not recorded anywhere. I also hope other people, more familiar with other ISOs can share their experiences. I know that the IMO received a lot requests to sanction Israel and in the end decided to lift all sanctions instead, but I wonder whether there is more information on the justifications of each decision, as well as who made it.