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A group of major crypto and DeFi organizations has pushed back strongly against Citadel Securities after the firm urged the US SEC to tighten oversight on decentralized finance, especially around tokenized securities. The response came in the form of a joint letter sent to the SEC by the DeFi Educat…
Citadel Securities has taken a dual stance in crypto, publicly opposing regulatory exemptions for decentralized finance (DeFi) while co-leading a $500 million investment in Ripple.The move highlights a growing divide between institutional support for compliant blockchain infrastructure and skepticis…
The U.S District Court in Manhattan has ruled the Citadel Securities’ lawsuit accusing crypto-trading startup Portofino of stealing the firm’s trade secrets can largely proceed. According to a court filing on Oct. 30, the Manhattan District court has agreed to…