Decrypt - Bankrupt Three Arrows Capital Owes $3.5B to Creditors, Including $2.3B to Genesis
The troubles at 3AC began with the crash of the Terra Do Kwon blockchain. This set off a chain reaction of liquidations, bankruptcies, and financial troubles throughout the cryptocurrency world.
Su Zhu's co-founder owns a $1.4 billion stake in an offshore fund that raises assets for cryptocurrency funds.
Also, various real estate investments in the names of Su Zhu's wife and children. For example, two residences in Singapore worth $48.8 million and $28.5 million, respectively.
Are you a 3AC client too? Stay tuned for this news!!
Your post was upvoted and resteemed on @crypto.defrag