Zhu Su: The Block has always been wholly owned by SBF and is responsible for controlling the editorial direction of the news

ChainCatcher news, Three Arrows Capital co-founder Zhu Su posted on social media that today The Block CEO concealed the fact that he received a $43 million loan from Alameda. In fact, The Block has always been fully owned by SBF, who is the sole source of many of their "exclusive news" and is responsible for controlling the entire editorial direction.

Zhu Su further stated that The Block's vice president Larry Cermak "has a lot of funds trapped on FTX." He often tweets about trading news and tokens on trading platforms but says nothing about this collapse. He believes that The Block will have better development and research directions after getting rid of Michael McCaffrey and SBF.

In addition, Zhu Su mentioned that the well-known KOL Frank Chaparro's podcast is also sponsored by FTX, but he believes Frank has no issues. (Source link)