portofino

Сообщение ChainCatcher, согласно отчету CoinDesk, гигант Уолл-стрит Citadel Securities отказался от иска о коммерческой тайне против крипто-маркетмейкера Portofino Technologies в США и вместо этого стремится вернуть почти 6 миллионов фунтов стерлингов, полученных в результате арбитража, через британскую процедуру банкротства.Citadel в среду подала документы в американский суд с совместным запросом с Portofino о прекращении дела о коммерческой тайне в Нью-Йорке, заявив, что дальнейшее продвижение по делу в США не имеет экономического смысла, поскольку ранее выигранное решение в лондонском арбитраже по-прежнему трудно исполнимо.Известно, что дело длилось почти три года, но американский суд в конечном итоге не вынес существенного решения по ранее выдвинутым Citadel обвинениям в коммерческой тайне. Citadel подчеркивает, что отказ от иска не связан с отсутствием оснований для их требований о коммерческой тайне, а вызван тем, что компания уже добилась победы в другом арбитражном процессе в Лондоне.

ChainCatcher news, according to CoinDesk, the general counsel and compliance officer of crypto market maker Portofino Technologies has left the company. Celyn Armstrong had worked at this cryptocurrency trading firm in London for over three years. Previously, the company's former chief financial officer Mark Blackborough also recently left the company, and quantitative developer Cristian Dinu has also left the company to join competitor market maker Optiver.Portofino stated that it is exploring the establishment of new offices in New York and Singapore, with Dilan Bastin taking on the role of its new compliance officer.

ChainCatcher news, according to CoinDesk, the Switzerland-based crypto market maker Portofino Technologies announced plans to open new offices in New York and Singapore. The company is regulated by the UK, Switzerland, and the British Virgin Islands, and was founded in 2021 by two former Castle Securities executives, Leonard Lancia and Alex Casimo.

ChainCatcher news, according to CoinDesk, Switzerland-based cryptocurrency market maker Portofino Technologies received approval from the UK's Financial Conduct Authority (FCA) earlier this year to serve institutional cryptocurrency clients in the UK. However, in recent months, the company has experienced significant employee turnover following the dismissal of its co-founder and chief financial officer.In July, Portofino's chief operating officer and co-founder Alex Casimo and chief financial officer Jae Park were both fired. This subsequently triggered the resignations of strategic and operations head Vincent Prieur, global business development head Shane O'Callaghan, and a large number of the company's employees.Insiders revealed that since the dismissal of these two executives, 10 to 12 people have left or are in the process of leaving, accounting for 30%-40% of the company's total workforce at that time.

According to ChainCatcher, The Block reported that crypto market maker Portofino Technologies, founded by former Citadel Securities executives Leonard Lancia and Alex Casimo, has completed a $50 million funding round, with participation from Valar Ventures, Global Founders Capital, and Coatue.Portofino Technologies was established in April 2021 and is developing high-frequency trading technology for digital assets, having already executed billions of dollars in trades across CEX, DEX, and OTC markets. The company is reportedly set to compete with other cryptocurrency market makers such as Wintermute, B2C2, and Jump Trading. (The Block)