“I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse
- Changpeng Zhao is puzzled about FTX’s potential role in the LUNA/UST collapse.
- 3AC has upgraded its claims against FTX from $120M to $1.53B.
- The court ruled that 3AC’s claim amendment is in order.
After Three Arrows Capital (3AC) accused FTX of wrongfully liquidating $1.53 billion in assets, Binance co-founder Changpeng Zhao has now questioned FTX’s role in the 2022 LUNA/UST crash.
Interesting turn of events. I didn't know this before, but not surprised either as they (FTX/3AC) were "close".
— CZ
I am curious if FTX had anything to do with the LUNA/UST crash/depeg in May 2022? https://t.co/oubjKHvfMCBNB (@cz_binance) March 14, 2025
Binance co-founder Changpeng Zhao (CZ) weighed in, expressing curiosity about the LUNA/UST crash and its potential connection to FTX and 3AC, given their close relationship.
The former Binance CEO stated this after learning that the judge allowed Three Arrows Capital (3AC) to increase its claim against the bankrupt crypto exchange – from $120 million to a significant $1.53 billion.
Related: 3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided
The ruling came after 3AC claimed FTX liquidated $1.53 bill…
The post “I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse appeared first on Coin Edition.
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“I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse
- Changpeng Zhao is puzzled about FTX’s potential role in the LUNA/UST collapse.
- 3AC has upgraded its claims against FTX from $120M to $1.53B.
- The court ruled that 3AC’s claim amendment is in order.
After Three Arrows Capital (3AC) accused FTX of wrongfully liquidating $1.53 billion in assets, Binance co-founder Changpeng Zhao has now questioned FTX’s role in the 2022 LUNA/UST crash.
Interesting turn of events. I didn't know this before, but not surprised either as they (FTX/3AC) were "close".
— CZ
I am curious if FTX had anything to do with the LUNA/UST crash/depeg in May 2022? https://t.co/oubjKHvfMC
Binance co-founder Changpeng Zhao (CZ) weighed in, expressing curiosity about the LUNA/UST crash and its potential connection to FTX and 3AC, given their close relationship.
The former Binance CEO stated this after learning that the judge allowed Three Arrows Capital (3AC) to increase its claim against the bankrupt crypto exchange – from $120 million to a significant $1.53 billion.
Related: 3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided
The ruling came after 3AC claimed FTX liquidated $1.53 bill…
The post “I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse appeared first on Coin Edition.
Read More
Ethereum Unveils Symbolic NFT Torch Ahead of 10-Year Anniversary