Hours after issuing scathing criticism against the Ethereum network, Three Arrows Capital CEO Zhu Su has backtracked on his comments. He claimed that the previous post had been made in the “heat of the moment”. In a Twitter thread posted hours after the original, Su apologized for the outburst and claimed that there are “great teams working on scaling ETH on L2”.
The CEO went on a Twitter rampage against Ethereum on 21 November, where he claimed to have abandoned Ethereum just as “Ethereum has abandoned its users despite supporting them in the past.” He also suggested that the network’s team suffered from the “Founder’s Dilemma”, which has made them forget the original goal of making finance accessible.
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