💵💵Rumors Are True: Founder of Collapsed Cryptocurrency Company Launches Altcoin! Community Approaches With Great Skepticism 💵💵

Su Zhu, founder of Three Arrows Capital, one of the companies that went bankrupt as a result of the knock-on effects experienced after the bankruptcy of cryptocurrency exchange FTX, has launched an altcoin that is a memecoin.

The altcoin, named Three Arrowz Capital (3AC), was announced with promotional posts from Su Zhu's official X account. In addition, MEXC and Gateio exchanges, along with his own exchange OX, also decided to list this memecoin. However, Su Zhu is currently on the run and has not been tried for charges related to Three Arrows Capital. Similarly, Alex Mashinsky, CEO of bankrupt Celsius, is in prison in the US.

The fact that the 3AC altcoin launched by Su Zhu is a memecoin is viewed with skepticism by the cryptocurrency community. At the time of writing, the token has been trading on Gateio for about 25 minutes and has lost 14% of its value so far.

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