3AC Founder Zhu Su: DCG & FTX Conspired To Attack Terra LUNA!

3AC Founder Zhu Su: DCG & FTX Conspired To Attack Terra LUNA! 

Co-founder of the now-bankrupt hedge fund Three Arrows Capital (3AC) recently released a Twitter thread alleging two massive crypto firms on having a hand in the massive collapse of the Terra Luna ecosystem.

Zhu Su’s Claims

According to the 3AC founder, Digital Currency Group (DCG) had “conspired w FTX to attack Luna” all the while making “a fair bit doing so.” Zhu Su says that this had been the reason for Terra Luna’s downfall, which had also been a major factor as to the collapse of Three Arrows Capital themselves.

“They [DCG], like FTX, proceeded to misdirect for months, using various methods to attack us and also not have anyone ask the hard questions which is how did genesis fill the hole” Zhu Su wrote.

Related: New Solana Memecoin $BONK Skyrockets In A Week!

DCG Liquidity Issues

Zhu Su’s accusations come just moments after Gemini founder Cameron Winklevoss released a letter on Twitter confronting the CEO of DCG, Barry Silbert, to pay back $900 million that DCG’s subsidiary company Genesis allegedly owed to Gemini and their clients.

Despite this however, DCG CEO Barry Silbert responded arguing that “DCG did not borrow $1.675 billion from Genesis” and that “DCG has never missed an interest payment to Genesis.”

Related: US DOJ To Seize $456M Of SBF’s Robinhood Shares

For more info regarding Crypto Alpha and NFTs Alpha.  Always follow us on Twitter and Instagram.


Related post