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Deep Tide TechFlow news: On July 02, Bloomberg reported that Castle Securities filed a lawsuit in London against former employee Leonard Lancia, seeking to recover more than £6 million (about US$7.9 million) in compensation and related costs. Lancia previously handled the company’s systematic market-making business for European derivatives; after leaving, he co-founded the high-frequency crypto trading firm Portofino Technologies.
Previously, Castle Securities had already won in an employment-dispute arbitration involving Lancia and two of his former colleagues.