Financial services company & hedge fund,$62+ billion in (AUM)., (stellarprojectsrussia.com) Issuser Address: GCNLCCDWBDUWFTXEW7RQIDG5KFGJQOURUB7FZ66LHBGYFBDY4PSB4IV3 ICO On 28/07/2023 CB:3,000%
Project Aurora asset
Citadel LLC is a financial services company and hedge fund with $62+ billion in assets under management (AUM). They are one of the most profitable hedge funds of all time
Ken Griffin began his trading career from his dorm room, started Citadel a few years after graduating with $4.6 million AUM, and within 8 years exceeded $2 billion AUM
Citadel's controversies:
- acquired E*TRADE for $2.5 billion (for subprime mortgages, collateralized debt obligations, and second lien loans portfolio) then instituted "lockups" (restricting clients from withdrawing capital) after the 2008 financial crisis
- one of the largest personnel turnovers in Chicago
- responsible for "flash crash" of 2010 caused by high frequency trading to manipulate markets
- infamously paid Bill Clinton $250,000 and Janet Yellen $800,000+ in speaking fees
Because Citadel is a prime example of a Wall Street firm guilty of enriching itself at the expense of investors, their days of being a robber baron is at an end
In 2022, Citadel Securities and its partners (Fidelity, Schwab, Paradigm, Sequoia Capital and Citadel) created a crypto trading ecosystem EDX Markets with Virtu Financial that launched in June 2023 (https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/)
?️This marketplace [partnered with Paxos] (https://paxos.com/2022/10/05/edx-markets-partners-with-paxos-for-digital-asset-custody-services-on-new-exchange/) is intended to create more efficient access to deep pools of liquidity for digital assets. So a group of industry leaders are working closely together to facilitate the safe, clean, compliant and secure trading of digital assets. It’s going to take on the exchanges by building a better mousetrap?️
- Anonymous Insider Source (https://www.coindesk.com/business/2022/06/07/citadel-is-building-a-crypto-trading-marketplace-with-virtu-financial-sources/)
Stellar Humanitarian Wealth Transfer:
? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)
| Financial Serv. |
Brokerage |