EFFICIENT CONSENSUS ALGORITHM

Last updated: June 17, 2025, 08:30  |  Written by: Naval Ravikant

Efficient Consensus Algorithm
Efficient Consensus Algorithm

In Response To Widespread Rumors

In response to widespread rumors, hedge fund giant Citadel Securities and asset manager BlackRock say they don't trade any of the notorious TerraUSD, a stablecoin

Citadel Securities and BlackRock deny involvement in

After rumors started to circulate on social media that BlackRock and Citadel were involved in the recent collapse of Terra (LUNA) after its algorithmic stablecoin, both have denied involvement.

Blackrock

BlackRock, Inc. (NYSE: BLK) and Citadel Securities have denied any involvement in the collapse of Terra’s (CRYPTO: LUNA) algorithmic stablecoin TerraUSD

BlackRock, Citadel Denies Involvement in Terra UST’s

BlackRock And Citadel Deny Role In Terra's UST Collapse - Webull

BlackRock And Citadel Deny Involvement In Terra UST Collapse

BlackRock and Citadel deny being behind the fall of UST - Bit2Me

BlackRock And Citadel Deny Trading Cratering Stablecoin - Forbes

Blackrock And Citadel Have Strongly

BlackRock and Citadel have strongly denied ever trading in UST. Rumors, which began two days ago, claimed that Gemini had lent Bitcoin to BlackRock. BlackRock and

BlackRock and Citadel Have Denied Trading With

Naval Ravikant can be reached at [email protected].

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