According to CoinDesk, global market maker Citadel Securities has withdrawn its U.S. trade secret lawsuit against crypto market maker Portofino Technologies and has filed with the UK High Court to declare Portofino founder Leonard Lancia bankrupt. Citadel stated that it had previously secured approximately £5.98 million in damages and related costs through arbitration in London but has been unable to enforce the collection. As a result, continuing the U.S. lawsuit no longer holds any practical economic value. Portofino, founded in 2021 by former Citadel Securities executives, primarily provides digital asset market-making, OTC trading, and liquidity services for institutional clients. https://(wublock123.com)/news/citadel-securities-withdraws-trade-secret-suit-against-portofino-tech-64231