Citadel Securities Drops Portofino Suit To Chase UK Judgment

By Caroline Simson · July 8, 2026, 8:53 PM EDT

Citadel Securities has dropped its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8...

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Case Information

Case Title

Citadel Securities Americas LLC et al v. Portofino Technologies AG et al

Case Number

1:23-cv-05222

Court

New York Southern

Nature of Suit

Other Statutes: Arbitration

Date Filed

June 20, 2023