Zhu Su

2022 - 7 - 1

Post cover — Image courtesy of "Bloomberg"

Three Arrows Crypto Fund CEO Wants to Sell Singapore Mansion (Bloomberg)

The co-founder of beleaguered crypto hedge fund Three Arrows Capital is seeking to sell one of his luxury homes in Singapore as the company faces ...

Three Arrows Capital's Su Zhu Looks to Sell $35M Singapore House (Coindesk)

Zhu and his wife purchased the property late last year for S$48.8 million ($35 million) and now they are selling it in what analysts call a slowing market.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Title searches show Zhu’s wife, Tao, owns another detached house worth S$28.5 million on Dalvey Road in Singapore which is currently being renovated. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Zhu Su's Mansion In Singapore Is Reportedly Up For Sale Following ... (Coingape)

According to Chinese reporter Colin Wu, Three Arrows co-founder Zhu Su is rumoured to have put up his mansion in Singapore for sale per some real estate.

- Solana Price Analysis: $36 Breakdown Teases SOL Price to Revisit $26 Singaporean news website The Straits Times, reported earlier that Three Arrows Capital will face Singapore’s financial censure for giving false info and exceeding Assets under Management limit. The rumour has not been confirmed from Zhu Su as this is still a developing story.

Crypto billionaire Zhu Su's good class bungalows may be up for sale ... (The Straits Times)

The market is pondering the fate of at least 2 GCBs belonging to the Three Arrows Capital co-founder and his family. Read more at straitstimes.com.

Three Arrows CEO Zhu Su Seeks to Sell Luxury Singapore Mansion ... (Cryptonews)

Zhu Su, Co-founder and CEO of the troubled crypto hedge fund Three Arrows Capital, is reportedly seeking to sell a mansion he owns in Singapore.

The case has been commented on by several members in the crypto community, with some sharing screenshots of what appears to be a notice of the property listing. EdgeProp.sg further said that the house in question is the latest of three bungalows Zhu and his wife has bought in Singapore since 2019. Zhu Su, the co-founder and CEO of the troubled crypto hedge fund Three Arrows Capital, is reportedly seeking to sell a mansion he owns in Singapore.

3AC Co-Founder Selling His Singapore Mansion After Liquidation (U.Today)

Liquidation of Three Arrows Capital has forced Zhu Su to give up one of his trophies.

The embattled hedge fund had roughly $10 billion worth of assets under management at its peak. The so-called "good-class bungalows" have long been seen as a symbol of extreme wealth in Singapore given that they are some of the most expensive homes in Singapore. Such properties are located in the most prestigious residential districts, with prices surpassing $80 million. In December, the Business Times reported that Zhu was readying to buy a luxurious two-story bungalow together with his wife.