Ken Griffin’s Citadel rips Truth Social exec Devin Nunes in short-selling feud
NY Post
Ken Griffin’s Citadel Securities lambasted Devin Nunes, the CEO of Truth Social’s parent company, as a “proverbial loser” after the former Republican congressman blamed Wall Street market makers for Trump Media and Technology Group’s tanking stock price.
The war of words was triggered by a letter Nunes sent to the Nasdaq Stock Market on Thursday in which he accused Citadel Securities and others of engaging in “market manipulation” — specifically “naked short selling,” whereby traders sell shares of a company that the seller had not actually borrowed for that purpose.
Griffin — a major Republican donor who gave money to Nunes in 2021, according to a Federal Election Commission filing — unloaded on the former lawmaker in denying any wrongdoing Friday.
“Devin Nunes is the proverbial loser who tries to blame ‘naked short selling’ for his falling stock price,” a Citadel Securities spokesperson told The Post.
“Nunes is exactly the type of person Donald Trump would have fired on ‘The Apprentice.’ If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.”
Trump Media quickly fired back.
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