Founders of Three Arrows Capital Launch New Crypto Project
After the collapse of Three Arrows Capital, Su Zhu and Kyle Davies, the founders, took to Twitter to make excuses before going silent. They have now resurfaced with a new crypto project called OPNX. Additionally, they have also launched a hedge fund called “3AC Ventures,” although there is limited public information available about it.
Run-In With Singaporean Authorities
Su Zhu and Kyle Davies have been banned from engaging in financial management activities in Singapore for several years. Although Davies has not faced imprisonment despite possibly being in contempt of court, Zhu spent three months in a Singaporean prison before being released after questioning.
Zhu’s Unusual Perspective on Prison Time
Zhu surprisingly claimed that his time in prison was enjoyable and allowed him to “reconnect with his ancestors.” In an upcoming podcast, he speaks about his experience in jail and portrays it as a positive and enlightening period.
Hot Take: Controversial Views on Prison Experience
Su Zhu’s unusual perspective on his prison experience has raised eyebrows. While some may find it intriguing that he managed to find positivity in such a situation, others may question the appropriateness of romanticizing incarceration.