July 13, 2026
Portofino Technologies has accused Citadel Securities of using its decision to drop its trade secrets lawsuit against the Swiss cryptocurrency trading firm as an opportunity to drum up bad press about Portofino, and papering over the fact that an $8 million judgment it won in the dispute is a "pyrrhic victory."
July 08, 2026
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 million) judgment it's already won in the dispute, according to documents filed Wednesday.
October 31, 2024
A New York federal judge has greenlighted most claims in Citadel Securities' lawsuit accusing a Swiss cryptocurrency trading firm founded by two of its former employees of stealing its trade secrets, while tossing those asserted against the firm's French angel investor for lack of jurisdiction.
October 31, 2023
A cryptocurrency startup founded by former employees of broker-dealer Citadel Securities shouldn't be able to shed a suit in Manhattan federal court alleging they stole trade secrets from their former employer, the broker-dealer has argued.
September 19, 2023
A cryptocurrency startup founded by two former employees of Citadel Securities urged a New York federal judge Tuesday to toss a trade secrets suit filed by the broker-dealer, arguing that the pair's former employment contracts require all disputes to be resolved in England.
June 21, 2023
A cryptocurrency startup founded by two former employees of Citadel Securities has told a New York federal judge that a trade secrets suit filed by the broker-dealer must be removed to the U.K. as part of an ongoing arbitration against the former employees.