Cryptory.net - The recent arrest of Su Zhu, co-founder of Three Arrows Capital, in Singapore on Friday is another instance of the significant downfall experienced by once-successful crypto founders globally.
Su Zhu and Kyle Davies, 2 founders of the collapsed crypto hedge fund Three Arrows Capital (3AC), are looking to raise $25 million to start a new crypto exchange.
Confronting rumors about the disappearance of Three Arrows Capital (3AC) founders, Su Zhu voiced a counterattack, claiming that he was tricked by unnamed liquidators.
In the past few days, it has been reported that the two founders of Three Arrows Capital (3AC) instead of cooperating with liquidators, have fled from Singapore.