2.7 C
New York
Tuesday, March 24, 2026
spot_img

Tag: Peter J Biscardy

Interesting! The Citadel Case with Cannabis Health meme shares

In Nov 2021, BaFin issued the first warning against Citadel LLC and PenteTrade24, banning the public sale of shares of the bankrupt Swiss Cannabis Health AG via the meanwhile suspended website Citadel Securities. A second BaFin warning followed on 6 Jan 2022. While the US-registered Pente Management LLC operates the online retail broker PenteTrade24, Citadel LLC is the well-known Chicago-based hedge fund; Citadel Securities is their brokerage arm.