Citadel Securities denies being the mastermind behind the UST collapse

ChainCatcher news, according to CoinDesk, billionaire Ken Griffin's trading firm Citadel Securities denied Terraform Labs' claim that Citadel Securities was the mastermind behind the UST collapse last May, stating that Terraform Labs' actions were an attempt to divert attention from its accusations, forcing people to pursue absurd conspiracy theories, and that both the requested time frame is irrelevant and this theory is baseless.

Previous report, on October 13, Terraform Labs submitted a motion to the court requesting market maker Citadel Securities to "provide certain data according to a third-party subpoena," stating that this is crucial for its defense in the lawsuit filed with the U.S. SEC.