Three Arrows Capital founder Su Zhu has alleged that Digital Forex Community had a role in LUNA’s collapse.

In a series of tweets on Tuesday, Zhu said that DCG conspired with the now-insolvent crypto change FTX to attack Terra’s native token LUNA and Staked Ethereum (stETH).

Here's rough summary of dcg plan back

1) they conspired w FTX to attack Luna and steth and made an awfully good bit doing so

2) they took great losses within the summer season from our economic spoil to boot to Babel, and diversified firms occupied with gbtc

3) they’d perchance've frivolously restructured then

— Zhu Su 朱溯 (@zhusu) January 3, 2023

Zhu alleged that DCG suffered great losses from Three Arrows’ economic spoil, however covered it up with callable promissory notes that “magically filled the hole.” The 3AC founder became presumably relating to the $1.1 billion promissory repeat that DCG owes to its subsidiary Genesis, due in 2032.

In holding with Zhu, the Barry Silbert-led firm employed ways equivalent to FTX by allegedly misdirecting merchants for months, and dilapidated various attack 3AC while avoiding questions as to the intention in which it solidified its delight in impacted balance sheet.

Zhu said that, esteem FTX, Genesis spent six months taking extra deposits from users while being insolvent and hoping the market would inch support up.

“Most OGs are effectively responsive to how shut Barry and SBF were since origin (SBF is on board of genesis, they gave him his first ftt backed loan),” he tweeted.

Zhu Can also maintain misplaced his allegations in this regard, seeing as dilapidated FTX CEO Sam Bankman-Fried is on the board of an Alameda-funded mining firm Genesis Digital Resources and no longer DCG subsidiary Genesis World Shopping and selling.

Market participants were unimpressed by Zhu’s most up-to-date stream of accusations, opining that he has persevered to declare blame at diversified events without taking responsibility for his delight in actions.

Here's a rough summary of 3ac. Unexcited on the speed, level-headed being liquidated, level-headed each person else's fault.

— Thos (@thosdoteth) January 3, 2023

Zhu’s statements near a day after Gemini co-founder Cameron Winklevoss accused the DCG CEO Barry Silbert of “injurious faith stall ways.” In an delivery letter he made public on Twitter, Winklevoss said Silbert had dodged entering valid into a room with Gemini executives to salvage to the bottom of how finest to near support the $900 million Genesis owes to Gemini’s Carry out users.