[DeFiance Capital Founder: Fund Suffers Losses, 10.11 Incident Causes Significant Market Setback] Foresight News reports that DeFiance Capital founder Arthur tweeted, 'We are fine. The fund experienced some losses, but this doesn't even rank among the top five days of our largest profit and loss fluctuations. I am just extremely angry and disappointed. This incident has caused the entire sector to take a significant step backward, especially for the altcoin market, as most price discovery processes occur on offshore CEXs.'