Coin

<ul class="news-points"> 
 <li><strong>Three Arrows Capital co-founder Su Zhu is set for release for good behavior.&nbsp;</strong></li> 
 <li><strong>Zhu faced questioning in a two-day hearing in a Singapore court, addressing the collapse of the crypto hedge fund.</strong></li> 
 <li><strong>The legal proceedings between Zhu and the liquidator’s representatives are characterized as a civil matter.</strong></li> 
</ul> 
<p>Co-founder Su Zhu of bankrupt hedge fund Three Arrows Capital is reportedly expected to be released this month based on standard provisions for good behavior.</p> 
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   <p lang="en" dir="ltr">Bloomberg: 3AC founder Zhu Su is set to be released this month based on standard provisions for good behavior. The two-day court hearing this week required Zhu to respond to lawyers for the liquidator, including how the fund failed and the whereabouts of assets.…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1734871074461131174?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 13, 2023</a>
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<p>As reported by <a href="https://www.bloomberg.com/news/articles/2023-12-13/liquidators-question-three-arrows-su-zhu-in-singapore-court-to-find-assets" target="_blank" rel="nofollow">Bloomberg</a>, Zhu faced questioning in a Singapore court about the fund’s collapse in a two-day court for the first time. The hearing required Zhu to respond to lawyers for Teneo, the liquidator for the bankrupt crypto hedge fund.&nbsp;</p> 
<p>The court session aimed to gather crucial details about the fund’s failure and the location of its assets. According to Bloomberg, this inquiry pr…</p>
<p>The post <a href="https://coinedition.com/3acs-su-zhu-to-be-released-faces-questions-on-funds-collapse/">3AC’s Su Zhu To Be Released; Faces Questions on Fund’s Collapse</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

3AC’s Su Zhu To Be Released; Faces Questions on Fund’s Collapse

Coin Edition

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