ChainCatcher reported that according to CoinDesk, billionaire Ken Griffin's trading company Citadel Securities denied Terraform Labs' claim that Citadel Securities was behind the collapse of UST last May, and said that Terraform Labs' move was used to divert attention from its accusations and force people to pursue absurd conspiracy theories. Not only is the time period requested irrelevant, but the theory is also unfounded.

As previously reported, on October 13, Terraform Labs filed a motion with the court requiring market maker Citadel Securities to "provide certain data pursuant to a third-party subpoena," stating that this was crucial to its defense in the lawsuit filed by the U.S. SEC.