Quote:
Originally Posted by MSchu18
The shyte is getting really intense now... someone (Wendy wu) has confirmed that sbf caused the luna terra and 3 arrows collapse to over his loses in trading with users funds and that cz/binance retaliated against ftx to protect the larger crypto space even though there will be this short term pain.
Sbf is dead meat... this biatch has been counter trading the Crypto space this entire time... we could be at 100k already
This theory doesn't make sense.
All his assets were in the crypto space, crypto corps he invested in and crypto coins, including his own FTT coin.
Tanking the crypto market by "causing" the luna and 3ac collapse only dumps his positions sizes downwards.
Those losers at 3ac only come out now to blame it on FTX counter trading them.... lol, those 3ac losers went allin long in 2022 and collapsed as a result.
The theory that makes much more sense is that he was going long like everyone else in 2022, had massive trading losses when crypto tanked multiple times, had massive losses with luna and terra and now was facing a massive asset shortage vs liabilities.
Bankruptcy courts will show whether he transferred FTX money over in 2021 or 2022.