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Published 1 year ago

3AC founder accuses FTX & DCG of instigating Terra's downfall

Summary by Ground News
3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra. Zhu Su alleges that FTX together with DCG conspired against LUNA and STETH. The collapse of FTX has resulted in a major liquidity crisis for DCG's crypto lending arm Genesis Global.

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