• About Us
  • Careers
  • Contact
No Result
View All Result
Monday, June 30, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

3AC’s Su Zhu Accused of Making False Allegations Against DCG and FTX by Twitter Crypto Community

3 January 2023
in Latest News, News
Reading Time: 3 mins read
107 1
Home News Latest News

Su Zhu, the founder of Three Arrows Capital (3AC), recently accused Digital Currency Group (DCG) and FTX of being involved in the collapse of Luna Classic (LUNC) and profiting from the event. Zhu also claimed that DCG did not take responsibility for the losses suffered by 3AC and instead “magically filled the hole.” 

These allegations were met with skepticism and criticism from the crypto community, with some accusing Zhu of not taking responsibility himself and instead blaming others. The liquidity crisis faced by DCG has also raised concerns about the stability of the cryptocurrency market. It remains to be seen how these allegations will be addressed and the consequences for those involved.

Anthony Sassano, the host of The Daily Gwei and an advocate for Ether, also took to Twitter to criticize Zhu and his co-founder Kyle Davis. Sassano sarcastically remarked that everyone was behind the 3AC failure except for Zhu and Davis, insinuating that they were not innocent parties. 

Sassano tweeted, “They are innocent parties who were simply forced to be on the losing side of highly profitable trading strategies.” 

It is unclear at this time what specifically led to the collapse of 3AC, but Sassano did point fingers at Zhu and Davis for their involvement.

As the bankruptcy proceedings for 3AC continue, various challenges have arisen. One major obstacle is that the company’s founders are believed to reside in Indonesia and the United Arab Emirates, making it difficult for court orders to be enforced. 

This has reportedly caused issues for the liquidators handling the case, as they have allegedly been unable to get in touch with the founders despite agreeing to a plan for communication. Additionally, some attorneys representing the liquidators have expressed frustration with the lack of cooperation from the 3AC founders in recent months.

 

If you would like to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share63Tweet39Share11
Previous Post

Bahamas Securities Commission (SCB) Accuses FTX Management of Impeding Investigation

Next Post

Sam Bankman-Fried Shares Personal Struggles with Isolation in Prison in Interview with Crypto YouTuber

Endurance Okpanachi

Endurance Okpanachi

Related Posts

source: news.bitcoin.com
Blockchain

Arbitrum Token Surges on Speculation of Robinhood Partnership Ahead of Major Crypto Event

30 June 2025
source: valuewalk.com
News

Stablecoins Surpass Visa in Transaction Volume, Signaling a New Era in Global Payments

30 June 2025
source: blog.mexc.com
Bitcoin

Michael Saylor’s Strategy Ramps Up Bitcoin Holdings with Fresh $531 Million Purchase

30 June 2025
source: chain.link
Crypto

Chainlink Unveils Automated Compliance Engine to Unlock Trillions in Institutional Capital

30 June 2025

Featured Posts

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

byOlajumoke Oyaleke
15 June 2025
0

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

byOlayinka Sodiq
12 June 2025
0

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

byOlayinka Sodiq
10 June 2025
0

What Is Price Slippage in Crypto & How Can You Avoid It

What Is Price Slippage in Crypto & How Can You Avoid It

byOlayinka Sodiq
4 June 2025
0

The Rise of Decentralized Identity Solutions in DeFi

The Rise of Decentralized Identity Solutions in DeFi

byOlayinka Sodiq
20 October 2024
0

Read More

Chain of Thoughts

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Markets Update

Your Weekend Crypto Roundup | June 2025 (Week 4)

3 days ago

What South Korea’s Crypto Strategy Signals for the Next Bull Run?

4 days ago

Why Crypto Projects Are Choosing MiCA Over the US, Even With Regulatory Support on the Rise

4 days ago

Tokenized Treasuries vs. Stablecoins: Where Will Institutional Capital Flow?

4 days ago

Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull: What This Means for the Crypto Market

4 days ago

First XRP ETF Approved on Toronto Stock Exchange— Is This a Green Light for XRP ETF Approvals in More Countries?

6 days ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards

    bychainwire
    27 June 2025
    0

    BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision and South Korea Strategy

    bychainwire
    27 June 2025
    0

    The Rise of AI Beings: CARV’s New Roadmap Signals Next Wave of Web3 AI

    bychainwire
    27 June 2025
    0

    Weed® Announces Partnership with Khalifa Kush; Launches Global Commercialization

    bychainwire
    26 June 2025
    0

    GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More

    bychainwire
    26 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00