TechFlow News — According to Forbes, asset management firm BlackRock and hedge fund giant Citadel Securities have responded to recent rumors via email, with both denying any trading of TerraUSD (UST). Earlier today, after Gemini denied lending 100,000 bitcoins to any major institutional counterparty, a source at Citadel confirmed the company "does not trade stablecoins, including UST." Additionally, BlackRock spokesperson Logan Koffler stated, "Rumors suggesting BlackRock played a role in the UST collapse are absolutely false. In fact, BlackRock does not trade UST."
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