Bankman-Fried rejects claims that Alameda crashed luna to sink 3AC
Terraform Labs CEO Do Kwon and the co-founders of crypto hedge fund Three Arrows Capital have alleged that Alameda Research kickstarted the demise of luna. telling Three Arrows Capital to focus on its own problems.
One of the biggest claims is that crypto trading firm Alameda Research — the sister firm to FTX — deliberately crashed the cryptocurrency luna and its sister token TerraUSD in order to bring down Three Arrows Capital (3AC). It’s an allegation that has sparked a market manipulation inquiry by U.S. prosecutors. the founders of collapsed crypto hedge fund Three Arrows Capital.
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