3AC co-founder ZHU SU accuses DCG to be criminal fraudulent
3AC co-founder ZHU SU accuses DCG to be criminal fraudulent
Three Arrows Capital (3AC), a crypto hedge fund based in Singapore, became one of the many industry participants who went to the Baisse bankruptcy. At peak times, 3AC assets worth over $ 10 billion. His downfall was catastrophic, but not a purely market -driven phenomenon.
In the latest Twitter Faden said ZHU SU, the parent company of Grayscale Investments and Genesis trading had conspired with FTX to bring Terra's Luna token and Staked Ether (Steth).
ZHU SU blows dcg and ftx
Both companies - DCG and FTX - suffered high losses when 3ac went bankrupt after the collapse of Terra. The infection led to problems with other companies involved in GBTC, including Babel Finance. The 3AC founder claimed that DCG could have been "restructured" during the turbulence, but decided against it.
"Instead, they made a cancellation note for the left pocket and the right pocket, which magically filled the hole. It's like a child who loses the poker and tells:" I'm fine, my father pays you, let me continue playing ", but if your father is really yourself."
ZHU, which was recently claimed to be on the run, accused DCG and FTX, also miscalculated for months and used various techniques to attack the hedge fund. He also claimed that the two companies in the expectation that the market would increase would have collected more deposits while they were insolvent.
"DCG value is 0, criminal fraud, FTX believers also have a case because of fraudulent transmission of alameda capital spaces to Genesis. Most OGS are aware of how close Barry and SBF from the beginning is on board genesis, they gave him his first FTT-covered loan)."
counter reaction against DCG founder
The aftermath of Sam Bankman-Fried's crypto empire has become much more chaotic. Gemini co-founder and crypto-Magnat Cameron Winklevoss accused DCG boss Barry Silbert “Bösstfigger delay tactics and claimed that his parent company owes her subsidiary Genesis $ 1,675 billion.
In a letter to Silbert on January 2, Winklevoss said that Gemini tried to negotiate a solution with the managing director and the company on numerous occasions, but did not do this despite repeated efforts. While he accused the DCG founder to "hide behind lawyers and investment bankers", he looked for answers in relation to the $ 900 million inaccessible funds that had paid the 340,000 Earn customers of Gemini via the EARN program.
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