FTX Drama Goes On: SBF and Zhu Su Trade Blows Over Alleged Media Control

Zhu Su – one of the co-founders of the collapsed cryptocurrency hedge fund Three Arrows Capital – is firing shots at Sam Bankman-Fried over alleged media influence, control, and deflection of hard questions.

SBF admitted he made a lot of mistakes this year but categorically denied any of the above.

• Zhu Su took it to Twitter earlier today to express some of his thoughts on why he chose to become more active on social media following the FTX meltdown and not before.
• He said they “were hunted”  since his interview for Bloomberg back in July.
• He went on to imply that SBF had some sort of control over media, saying:

There were a couple long-form articles in August that got squashed at major publications, bc editors feared reprisal/loss of access to SBF.

Not only were such things not reproted, many publications were still busy debating if he was the JPM or Vanderbilt of crypto.

• Su argued that “at the time, my own advisors didn’t want me to say it (the truth) because it could be “bad optics” and seen as “deflecting.”
• Replying to this a few hours later was SBF himself, who denied implications but admitted to making a lot of mistakes.

I made a lot of big mistakes this year.

But this wasn’t one of them. There’s no evidence, because it didn’t happen. Please, please, focus on your own house.

I made a lot of big mistakes this year.

But this wasn’t one of them. There’s no evidence, because it didn’t happen. Please, please, focus on your own house. https://t.co/tlcQu9zFdf

— SBF (@SBF_FTX) December 9, 2022