SG Crypto Billionaire Zhu Su Company might be going BUST!!

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SG Crypto Billionaire Zhu Su Company might be going BUST!!

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20-06-2022, 12:40 AM

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SG Crypto Billionaire Zhu Su Company might be going BUST!!

An honorable member of the Coffee Shop Has Just Posted the Following:

Dubai-based crypto fund Three Arrows Capital is facing possible insolvency after incurring at least $400 million in liquidations, The Block reported Wednesday.

Three Arrows, popularly known as 3AC, was liquidated by crypto lending firms and is currently in the process of repaying lenders and other counterparties, according to the report.

The firm’s founders, Su Zhu and Kyle Davies, were two of the most vocal participants in the crypto markets in the past few years, making bets on...

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