{"id":14219,"date":"2022-12-09T11:32:23","date_gmt":"2022-12-09T11:32:23","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/3acs-zhu-su-hits-out-at-sbf-over-media-control\/"},"modified":"2022-12-09T11:32:23","modified_gmt":"2022-12-09T11:32:23","slug":"3acs-zhu-su-hits-out-at-sbf-over-media-control","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/3acs-zhu-su-hits-out-at-sbf-over-media-control\/","title":{"rendered":"3AC&#8217;s Zhu Su Hits Out At SBF Over Media Control"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/3acs-zhu-su-hits-out-at-sbf-over-media-control\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Zhu Su, a co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital, is suing <a href=\"https:\/\/coingape.com\/binance-ceo-cz-blasts-kevin-oleary-defending-sbf\/\" target=\"_blank\" rel=\"noopener\">Sam Bankman-Fried<\/a> for alleged media affect, management, and deflection of inauspicious questions.<\/p>\n<p>Zhu Su took Twitter right now to debate why he selected to be extra lively on social media after the FTX meltdown than earlier than. He claims he has been \u201chunted down\u201d since his July interview with Bloomberg. He additionally claimed that the SBF had some form of media management.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Had a name yesterday w somebody who requested &#8220;how come you and Do Kwon came back right after FTX went down, is it just to deflect from your own issues?&#8221;<\/p>\n<p>I replied Do Kwon has been constructing on Luna traditional + luna2 actually repeatedly and hasn&#8217;t taken greater than per week Twitter break<\/p>\n<p>\u2014 Zhu Su \ud83d\udd3a (@zhusu) <a href=\"https:\/\/twitter.com\/zhusu\/status\/1601026984586653697?ref_src=twsrc%5Etfw\">December 9, 2022<\/a><\/p>\n<\/blockquote>\n<p>Su claimed that \u201cat the time, my own advisors didn\u2019t want me to say it (the truth) because it might have bad optics and be perceived as a deflection.\u201d<\/p>\n<p>After a while SBF answered the publish.In which he denied the implications however admitted to a variety of errors.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I made a whole lot of huge errors this yr.<\/p>\n<p>But this wasn&#8217;t one among them. There&#8217;s no proof, as a result of it did not occur. Please, please, focus by yourself home. <a href=\"https:\/\/t.co\/tlcQu9zFdf\">https:\/\/t.co\/tlcQu9zFdf<\/a><\/p>\n<p>\u2014 SBF (@SBF_FTX) <a href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1601127930356453376?ref_src=twsrc%5Etfw\">December 9, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<h2>Zhu Su referred to as Sam Bankman-Fried a psychopath<\/h2>\n<p>The cryptocurrency government has returned to Twitter to share his newest ideas on the <a href=\"https:\/\/coingape.com\/ftx-crisis-can-sbfs-political-lobby-rescue-ftx\/\">FTX crisis<\/a> and collapse. In a thread posted on Tuesday, he addresses 5 totally different \u201cnarratives\u201d that he claims are \u201cwrong.\u201d<\/p>\n<p>He made it clear what, in his opinion, led to FTX\u2019s demise, charged that former Alameda Research CEO Caroline Ellison killed the worth of FTX\u2019s token, FTT, and reiterated his assertion that Sam Bankman-Fried was a \u201cpsychopath\u201dwho was by no means a rival.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1 \u201cCZ wants to be the savior of crypto.\u201d <\/p>\n<p>Crypto doesn\u2019t want saving. Crypto is ok. It\u2019s the great thing about decentralization. We are simply a part of it. We wish to assist different good tasks which may be in a money crunch due to latest occasions. It\u2019s in our collective greatest curiosity.<\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1600083613780824064?ref_src=twsrc%5Etfw\">December 6, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>Similar claims have been made final month by Zhu. In which he argued that within the common market downturn, cryptocurrency is the \u201conly stable thing.\u201d Zhu is unrelentingly optimistic about the way forward for cryptocurrencies. However, he is filled with contempt for Sam Bankman-Fried and the now-defunct FTX.<\/p>\n<h3>FTX filed for chapter<\/h3>\n<p>After FTX filed for chapter on November eleventh, Sam Bankman-Fried (SBF) resigned as CEO. A probe into the corporate\u2019s improper dealing with of buyer cash is presently ongoing. The new CEO of FTX, John Ray, testified earlier than the chapter courtroom.<\/p>\n<p>\u201cNever in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.\u201d<\/p>\n<p>However, in accordance with Zhu, Caroline Ellison of Alameda is definitely accountable for the FTT value decline. It was as a consequence of a tweet that she made on November 6. In which she was providing to \u201chappily\u201d buy all of CZ\u2019s FTT for $22 per token.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/shark-tank-kevin-oleary-make-a-uturn-on-ftx-and-bankman\/\" target=\"_blank\" rel=\"noopener\">Shark Tank Kevin O\u2019Leary Make A U Turn On FTX And SBF<\/a><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA130565\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nCoinGape includes an skilled workforce of native content material writers and editors working around the clock to cowl information globally and current information as a reality reasonably than an opinion. CoinGape writers and reporters contributed to this text.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD130565\">\n<p> The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability on your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/3acs-zhu-su-hits-out-at-sbf-over-media-control\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Zhu Su, a co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital, is suing Sam Bankman-Fried for alleged media affect, management, and deflection of inauspicious questions. Zhu Su took Twitter right now to debate why he selected to be extra lively on social media after the FTX meltdown than earlier than. He claims 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