Zhu Su: SBF Sells and Shorts Clients' BTC and ETH in Exchange for SOL and FTT

Dec 06,2022
KingData News: Zhu Su, co-founder of Three Arrows Capital, tweeted that when SBF talked about why market hedging doesn't work, it is now clear that he sold and shorted all his clients' holdings of BTC and ETH assets in exchange for SOL and FTT. This is not just a crime agst clients its a crime agst crypto, he internalized billions of client buy flow for actual coins into his own shitcoins.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.
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