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A few ghosts of the past have crawled out of the rubble of FTX. The co-foundings of the notorious Three Arrows Capital hedge fund are now missing.
The disgraced hedge executives have made a sudden reappearance into the public eye, seemingly in an attempt to set the record straight. Their firm's demise wasn't their fault, but it was former FTX CEO Sam Bankman-Fried who did it.
While they looked at our cards, and used our money to bet against us, we were all playing poker against the house, according to one of his co-workers.
It's poetry. They haven't been hiding. Davies told CNBC in a Wednesday interview that he and his partner have been in contact for the entire time. It's not a coincidence that Indonesia doesn't offer to extradite people to the US. He enjoys it there.
When asked if he was in Indonesia for a reason, he said no. It's a great place to be.
It's cool. Davies just loves the sand between his toes. There is no case left. hu still hasn't revealed his location, but he says he's been learning new languages,praying andsurfing It sounds very pleasant.
The narrative that is being pushed is convenient. When their firm went down, they were borrowing and lending huge amounts of money, and then abandoning their Singapore offices during the summer's industry meltdown, which was closely tied to their firm's implosion. People involved in the case alleged that the lawyers did not cooperate during the proceedings. Their social media accounts were inactive for months.
As a bigger fish is frying, the two broke cover. Davies told CNBC that they believe that FTX and Alameda colluded to trade against their clients.
They may have made a mistake, but FTX's behavior was more reckless. They were the real victims.
SBF told CNBC that he doesn't deny their claims at all. It's possible that no one is a criminal here. All parties made terrible decisions with millions of other people's money. The boys seem to want to redeem themselves. Some people just want their money back. It's not likely that will happen.
There I was, surfing the wave of waves, next moment wiped out, board broken, rocks reefs everywhere. As a golden child of the industry, the sudden pain of business failure and loss of purpose was as hard as the ostracization and demonization.
There are two sleazebags that may have crashed the entire market.