Citadel Securities, BlackRock Claim They Had No Role in the UST Collapse

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Citadel Securities, BlackRock Claim They Had No Role in the UST Collapse

 
Global market maker Citadel Securities and major asset manager BlackRock have denied involvement in the collapse of Terra’s algorithmic stablecoin TerraUSD (UST).
The assertions came after a conspiracy theory that alleged Citadel Securities and BlackRock made a coordinated attack on UST and hugely profited from its collapse had spread like wildfire on social media platforms….
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