John Reed Stark Mocks 3AC’s Unique Substitute CoinFLEX

• John Reed Stark mocks bankrupt Three Arrow Capital and CoinFlex’s mild mission.
• The partnership is having a watch to raise $25 million to fund a delicate commerce according to claims procuring and selling.
• The commerce will offer FTX creditors the opportunity to switch their claims to GTX.

John Reed Stark of John Reed Stark Consulting LLC retweeted a put up on January 17, announcing a collaboration between bankrupt crypto hedge fund Three Arrows Capital (3AC) and fallen commerce CoinFLEX to energy a delicate cryptocurrency commerce.

He mocked the partnership, adding that this type of collaborative mission between two bankrupt entities will finest be that you simply would possibly presumably presumably additionally bear in mind in an “upside down world of crypto.” He additional shares that whatever will reach subsequent will likely be even more “mind-boggling,” equivalent to “Elizabeth Holmes elevating money to originate a delicate drug manufacturing firm?”

Most appealing within the upside down world of crypto. Thoughts-boggling. What’s subsequent — Elizabeth Holmes elevating money to originate a delicate drug manufacturing firm? https://t.co/JC3wQktPZK

— John Reed Stark (@JohnReedStark)

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