In the middle of the scrutiny following the collapse of #ThreeArrowCapital , Zhu Su’s wife managed to sell her Singapore luxury property for S$51 million, or about $38.5 million.
The sale was completed this October after its signing in July. It happened amid scrutiny by authorities into assets linked to #ZhuSu and his co-founder Kyle Davies.
It was first bought over by Evelyn in 2020 for S$28.5 million and subsequently redeveloped into a good-class bungalow, which almost immediately appreciated substantially in value despite the tumultuous financial position of #3ac .

🔄 Zhu Su, co-founder of the bankrupt cryptocurrency hedge fund Three Arrow Capital (3AC), drops a hint of a potential comeback on X. 🤔📈 #Cryptocurrency #ThreeArrowCapital

🔄 Zhu Su, co-founder of the bankrupt cryptocurrency hedge fund Three Arrow Capital (3AC), teases a potential comeback on X with an idiom. 🤔📈 #Cryptocurrency #ThreeArrowCapital

1. A British Virgin Islands court has issued an order to freeze assets.

2. The frozen assets are valued at around $1.144 billion.

3. The assets are linked to Su Zhu, a co-founder of Three Arrows Capital.

4. The court order pertains to global assets belonging to Su Zhu.

5. The freezing of assets was reported by Bloomberg via Tree News.

6. Su Zhu is known for being a co-founder of Three Arrows Capital.

7. The order implies a legal restriction on accessing or using the mentioned assets.

8. The freeze likely stems from a legal or regulatory action.

9. The situation may involve ongoing legal proceedings or investigations.

10. This development could have significant implications for Su Zhu and Three Arrows Capital's operations and financial dealings.

#ZhuSu #ThreeArrowCapital