Three Arrows Capital founder Zhu Su posted a series of tweets in which he shared his perspective on the collapse of Terra and DCG's role in it.
According to him, DCG was in bad shape because of its close relationship with FTX. And the two companies worked together to "sink" Terra-Luna, which the founder of 3AC calls a criminal offense.
According to Zhu Su, Genesis, a subsidiary of DCG will go bankrupt in "the coming days." That said, creditors will go along with the deal so as not to drag out the proceedings.