It was a Genovese plot, not a Funzi plot. Funzi Tieri wanted the Jersey bookmaking territory, yes, but if he'd gotten it, it would've benefited all of the Genovese , including the Chin with him being boss. A meeting was set up in NY prior while Carlo was still alive, Angelo Bruno was representing Tony Caponigro, long story short, Carlo ruled in favor of Bruno and Caponigro and Caponigro kept his bookmaking territory. After Carlo died, the Chin became the head of the Commission and the most powerful boss in NY. Odds are , Funzi & Chin collaborated with the Caponigro plot , as not only would the bookmaking territory add to the Genovese income, the removal of Bruno allowed Chin to place a boss in Philly that would be loyal to him. And that's exactly what happened. Bruno was removed, Phil Testa was pretty chosen by the Genovese to head Philadelphia and the Genovese family became very influential to the Philadelphia family. And Chin probably killed all those involved simply to save face and his reputation.