After the death of FTX, there was a lot of chaos. Particularly between Sam Bankman-Fried, the exchange’s former CEO and founder of the crumbling crypto hedge fund Three Arrows Capital.
One of the biggest allegations is that Alameda Research, owned by FTX, deliberately caused the Luna cryptocurrency and its TerraUSD token to overthrow Three Arrows Capital (3AC), an allegation that has ignited US prosecutors. Inquiry about how to control the market
You “must be afraid of players in a highly controversial industry. who are working to destroy your property,” 3AC co-founder Su Zhu tweeted.when As part of the discussion thread, “Alameda/FTX + used client assets to plan an attack on Luna.
Zhu’s critique with Terraform Labs CEO Do Kwon, creator of luna and TerraUSD Kwon. sayGenesis Trading, the largest mainstream crypto broker facing its own liquidity crisis, bought TerraUSD for $1 billion shortly before the crash. Claiming to want to contribute to the Terra ecosystem, he openly asked if these funds were given to Alameda or Bankman-Fried. To lead the attack token or not.
“I made a lot of big mistakes this year. But this isn’t one of them. There’s no evidence because it didn’t happen,” Bankman-Fried said on Twitter in response to Zhu’s attack on him.
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