Technology10/8/2025β€’Bloomberg

Citadel-Bound Marshall Wace Trader Seeks Slice of Crypto Jackpot

Citadel-Bound Marshall Wace Trader Seeks Slice of Crypto Jackpot

A former trader at Marshall Wace, Scott Arnold, is seeking a share of the hedge fund's profits from an early investment in Circle Internet Group Inc. Arnold claims he was responsible for initiating the trade, which is now poised to become one of Marshall Wace's most lucrative investments. The article suggests that Arnold is leaving Marshall Wace to join the crypto-focused hedge fund Citadel, and his request for a portion of the Circle profits is related to this career move. While the specifics of the trade and Arnold's contribution are not fully detailed, the article highlights the potential for significant financial gains from early investments in the cryptocurrency sector.

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