Su Zhu Blames DCG For Conspiring With FTX and Causing Terra’s Fall

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03/01/2023

Su Zhu Blames DCG For Conspiring With FTX and Causing Terra’s Fall

Su Zhu blames DCG for conspiring with FTX to attack Terra.

The co-founder of 3AC explained that DCG could easily be restructured.

Zhu continued to accuse the DCG group of taking similar actions to FTX.

Another crypto drama forms as Su Zhu, the co-founder of the Three Arrows Capital (3AC), tweeted that Digital Currency Group (DCG) conspired with FTX to attack Terra. Zhu blamed DCG for taking “substantial losses” from 3AC’s bankruptcy.

Here’s rough summary of dcg situation

1) they conspired w FTX to attack Luna and steth and made a fair bit doing so

2) they took substantial losses in the summer from our bankruptcy as well as Babel, and other firms involved in gbtc

3) they could’ve calmly restructured then

— Zhu Su (@zhusu) January 3, 2023

Su Zhu expounded his views about how DCG could have easily restructured. The 3AC co-found …

The post Su Zhu Blames DCG For Conspiring With FTX and Causing Terra’s Fall appeared first on Coin Edition.

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