A tweet revealed the story that happened a long time ago between Su Zhu, the 3AC co-founder, in the Alameda 2019 Telegram chat box. The talk mentioned that FTX’s sister company had borrowed $200 million from 3AC at an interest rate of 15%.
Core contributor of Alliance DAO, Qiao Wang at that time, also praised Alameda Research’s share was 1st in the market.
Recently, Su Zhu also suddenly commented on the collapse of FTX, but this issue was not mentioned to him.
It seems that a “circle” between 3AC from when it was said to be crushed by Sam’s empire to when FTX also followed in its footsteps has been formed.
SBF, was a philanthropist when he extended his hand to help companies in the industry during the crisis caused by Luna. However, Sam “abandoned” 3AC, and then the crisis of Alameda also caused the collapse of FTX.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Senator Cynthia Lummis criticizes the Biden administration's stance on Bitcoin and decentralized finance, fearing rights…
O'Leary's track record speaks volumes about his prowess in the business world. Today, let's join…
Many have been fascinated by Michael Burry, famous for his prescient predictions in the financial…
Berlin, Germany, May 1st, 2024, ChainwireThe Nektar Network is excited to announce the commencement of…
The surge in Tether profits was primarily driven by approximately $1 billion in net operating…
London, UK, May 1st, 2024, ChainwireThree days into its existence, $ROCKY, the latest meme coin…
This website uses cookies.