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News Explorer — Citadel Securities' Lawsuit Against Crypto Firm Portofino, Accused of Trade Secret Theft, Is Allowed to Proceed

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Nov 1, 8:22 am
crypto.news

Citadel Securities' Lawsuit Against Crypto Firm Portofino, Accused of Trade Secret Theft, Is Allowed to Proceed

The U.S District Court in Manhattan has ruled that Citadel Securities' lawsuit against crypto-trading startup Portofino, created by former employees accused of stealing trade secrets, can proceed. The judge allowed Citadel's claims of breached employment contracts to move forward but dismissed claims involving a seed investor.

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