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BTC $69,855.42 -0.21%
ETH $2,126.92 -0.37%
BNB $638.42 +0.10%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $466.93 +2.44%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9566 +0.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Zhu Su: SBF sold and shorted customers' BTC and ETH in exchange for SOL and FTT

2022-12-06 12:17:06
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ChainCatcher news, former Three Arrows Capital founder ZhuSu tweeted that when SBF talked about why market hedging was ineffective, it is now clear that he sold and shorted all the BTC and ETH assets held by clients in exchange for SOL and FTT. This is not just a crime against clients; it is a crime against cryptocurrency, as he converted the value of billions in client purchases into his own worthless tokens.

According to ChainCatcher previous reports, Coinbase co-founder and CEO Brian Armstrong stated that SBF's words should not be trusted, as SBF stole client funds for his hedge fund. (Source link)

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