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Terraform Labs has filed a motion to compel Citadel Securities to disclose specific data related to a third-party subpoena. The motion alleges that Ken Griffin, the head of Citadel Securities, had intentions to short $UST during or around the May 2022. This development adds a new layer of complexity to the ongoing dynamics of one of the world’s largest high-frequency hedge funds.

Terraform Labs has made bold claims against Citadel Securities, accusing the financial giant of engaging in dishonest practices. The motion to compel seeks essential data that Terraform Labs believes will substantiate their allegations.

Citadel Securities, led by Ken Griffin, stands as one of the global giants in high-frequency hedge funds. The firm’s activities influence markets worldwide, making any legal action against it a matter of significant interest within financial circles.

Terraform Labs’ motion aims to bring clarity to the situation. The timing of the alleged shorting activities during this period adds an intriguing dimension to the unfolding narrative.

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