Do Kwon-founded Terraform Labs has once more pointed the finger at market maker Citadel Securities for its function in an alleged “concerted, intentional effort” to trigger the depeg of its stablecoin in 2022.
On Oct. 10, Terraform Labs filed a movement in america District Court docket within the Southern District of Florida to compel Citadel Securities LLC to provide paperwork regarding its buying and selling actions in Could 2022, across the time its stablecoin, now referred to as TerraUSD Basic (USTC), depegged.
Proceed Studying on Coin Telegraph