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3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided

Published 2023-01-23, 09:23 a/m
© Reuters.  3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided

Coin Edition -

  • Su Zhu stated that the FTX crash and the tremors faced by it could have been avoided.
  • Zhu made his remarks after sharing a tweet by a Twitter user which highlighted the behavior of the crypto Twitter.
  • The crypto community was still angry at the co-founder, who continued to tweet about the blockchain industry.

Expressing his opinion, Su Zhu, the co-founder of the fallen Three Arrows Capital (3AC), took to Twitter to state that the FTX crash and the tremors faced by it could have been avoided. Zhu explained to the crypto community that if FTX had not dumped all the client’s BTC and ETH to buy FTT and SOL, it could have avoided the chaos that followed the destruction of the once-shining empire.

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