DeFiance Capital Founder Addresses Recent Losses in Crypto Market

According to Foresight News, Arthur, the founder of DeFiance Capital, recently tweeted about the current state of the fund. He stated that while the fund has experienced some losses, these do not rank among the top five most volatile days in terms of profit and loss. Arthur expressed significant anger and disappointment, noting that the incident has set back the entire sector considerably. He highlighted the impact on the altcoin market, emphasizing that much of the price discovery process occurs on overseas centralized exchanges.