Su Zhu gets known as out by the community as he fires off accusations against DCG

By Clark

The 3AC founder fired off allegations against the Digital Currency Group, saying that it conspired with FTX to attack LUNA.

As liquidity problems surround the Digital Currency cluster (DCG), 3 Arrows Capital (3AC) founder Su Zhu created a Twitter thread containing allegations against DCG and FTX. However, the founder right away got known as out by the crypto community for blaming others and not taking accountability.

In the thread, Zhu alleged that DCG had a task within the collapse of Luna, currently known as Terra Classic (LUNC). Zhu claimed that the working capital firm conspired with the FTX exchange to attack LUNC and created a profit by doing so. The 3AC founder conjointly mentioned that rather than restructuring from losses thanks to the 3AC bankruptcy, DCG “magically filled the hole.”

Despite Zhu’s efforts to alter DCG and FTX, the community believes that he ought to specialise in his own misdeeds.

The Daily Gwei host and Ether bull Anthony Sassano conjointly known as out Zhu on Twitter. Sassano used humor, locution that everybody was behind the 3AC collapse apart from Zhu and co-founder Kyle Davis. “They are altogether innocent parties who were merely forced to air the losing facet of extremely profitable commerce methods,” he wrote.

Meanwhile, the 3AC bankruptcy method faces difficulties as its founders could also be settled in Indonesia and also the United Arab Emirates, wherever it’s going to be tough to enforce court orders. Lawyers who represent liquidators have claimed that the 3AC founders have not coordinated with liquidators within the past few months despite agreeing to a prescript.

On Dec. 2, the legal team for liquidators conjointly known as out the 3AC founders for reproval the media and being active on social media whereas failing to interact with them. The legal team claimed that the founders solely had restricted discussions with liquidators and regularly modified jurisdictions.