As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.
In the thread, Zhu alleged that DCG had a role in the collapse of LUNA, now called Terra Classic (LUNC). Zhu claimed that the venture capital firm conspired with the FTX exchange to attack LUNC and made a profit by doing so. The 3AC founder also said that instead of restructuring from losses due to the 3AC bankruptcy, DCG “magically filled the hole.”
Despite Zhu’s efforts to demonize DCG and FTX, the community believes that he should focus on his own misdeeds.
(By EZRA REGUERRA)
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