Zusu and kil davies started this fund early, i would say, as thought leaders in the space. People like respect te them. They were given a tremendous amount of credit from the different coun parties. The fear is thatn they were getting that leverage, at some point they started to lever themselves beyond what thel assids they were sharing with the creditors. It was bellieved that k luna had hurt people more than we thought. A lesson learned of cotde on chain data. We saw these really big trades going off, and people kind of assumed it was the hedge funds trying to protect their positions.

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