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MainNews“I Wonder”: ...

“I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse


Mar, 14, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
FTX, 3AC, and LUNA: CZ Raises Questions After $1.53B Claim
  • 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. 

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 the article at CoinEdition

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MainNews“I Wonder”: ...

“I Wonder”: CZ Speculates on FTX’s Possible Role in LUNA Collapse


Mar, 14, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
FTX, 3AC, and LUNA: CZ Raises Questions After $1.53B Claim
  • 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. 

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 the article at CoinEdition

Read More

Delayed US IPOs Signal Market Hesitation Amid Trade War

Delayed US IPOs Signal Market Hesitation Amid Trade War

Detail: https://coincu.com/330492-ipos-delayed-market-turbulence/
Apr, 05, 2025
by CoinCu News
The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The U.S. Treasury Department and other federal agencies are expected to disclose thei...
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