No paywall: https://archive.is/yITPM

After reading the article is not as good as others, and maybe this has been discussed plenty already here, therefore the low amount of comments.

Is hard to see how this situation is different from FTX minus the fraud :-)

Its like a mix of Long-Term Capital Management minus the Nobel prizes and the experience in trading, with Citadel who is known to have a FULL market vision, probably playing the other side in ways that the article did not even touched, and therefore makes it so much worst.