Billion-Dollar Collapse: Citadel Securities Accused of Triggering Terra’s Downfall
Terraform Labs accuses market-making giant Citadel Securities of manipulating Terra’s UST stablecoin. Lawsuit seeks trading data to confirm the alleged destabilizing actions by Citadel Securities. Terra’s Legal Assault on Citadel Securities Terraform Labs, the pioneering company behind the Terra blockchain ecosystem, has legally challenged Citadel Securities, asserting the firm’s complicity in its catastrophic financial implosion. […