Citadel Securities denies being the mastermind behind the UST crash.

According to BlockBeats news on October 27th, billionaire Ken Griffin's trading company Citadel Securities denied Terraform Labs' claim that Citadel Securities was the mastermind behind the UST crash in May of last year. Citadel Securities stated that Terraform Labs' actions were used to shift attention away from the accusations against them, forcing people to pursue absurd conspiracy theories. The requested time period is irrelevant and the theory is unfounded. As previously reported by BlockBeats, on October 13th, Terraform Labs submitted a motion to the court requesting that market maker Citadel Securities "provide certain data pursuant to a third-party subpoena," stating that this is "crucial" to their defense in the lawsuit filed by the SEC in the United States. The motion stated that Terraform Labs issued subpoenas to Citadel Securities and Citadel Enterprise Americas for trading data related to the "unmooring in May 2022." Terraform pointed out that public evidence shows that the head of Citadel entities, Ken Griffin, intended to short UST before and after the unmooring in May 2022.