Su Zhu is an entrepreneur and trader.
Su Zhu is a Singaporean entrepreneur and businessperson who co-foundedcofounded the now-collapsed hedge fund Three Arrows Capital (3AC).
Zhu began his career after graduating from Columbia University with a bachelor's degree in Mathematicsmathematics. He started working at Flow Traders in 2009 as a trader. He later worked as a trader in Hong Kong for Deutsche Bank in 2011.
In 2012, Zhu co-foundedcofounded the cryptocurrency hedge fund 3AC with former classmate Kyle Davies. 3AC was initially established with a focus on forex trading and eventually moved into the crypto space. In March 2022, the company managed approximately $10 billion in assets.
When the cryptocurrency market started collapsing in 2022, 3AC started failingfailed to repay hundreds of millions of dollars in loans. In June 2022, a court in the British Virgin Islands ordered Zhu's 3AC to liquidate with the assistance from an advisory firm, Teneo, to help manage the process with 3AC.
On September 29, 2023, Zhu was arrested at Changi Airport while attempting to leave the country. There had been a committal order placed against him and his 3AC partner, Kyle Davies, by the Singaporean Courts as a consequence for his failure to cooperate with liquidator investigations of his collapsed cryptocurrency fund, 3AC. The committal order ensures that he is imprisoned for four months so that he is forced to work with appointed liquidators in an attempt to recover assets for creditors of 3AC.
Su Zhu is a Singaporean entrepreneur and businessmanbusinessperson who foundedco-founded the now-collapsed hedge fundhedge fund Three Arrows Capital (3AC).
Zhu began his career after graduating from Columbia UniversityColumbia University with a bachelor's degree in Mathematics. He started working at Flow Traders Flow Traders in 2009 as a trader. He later worked as a trader in Hong KongHong Kong for Deutsche BankDeutsche Bank in 2011.
In 2012, Zhu co-founded cryptocurrencycryptocurrency hedge fund 3AC with former classmate Kyle DaviesKyle Davies. 3AC was initially established with a focus on forex tradingforex trading and eventually moved into the crypto space. In March 2022, the company managed approximately $10 billion in assets.
When the cryptocurrency market started collapsing in 2022, 3AC started failing to repay hundreds of millions of dollars in loans. In June 2022, Aa court in the British Virgin IslandsBritish Virgin Islands ordered Zhu's 3AC to liquidate with the assistance from aan liquidationadvisory firm from the country, TeneoTeneo, to help manage the process with 3AC.
In July 2022, 3AC filed for Chapter 15 bankruptcy bankruptcy in the United StatesUnited States. and itIt is alleged that after the filing, Zhu and Davies decided to go on vacation to BaliBali to surf and meditate. In April 2023, Zhu, Davies, and the founders of CoinFlex launched another cryptocurrency exchange.A few months later, the Monetary Authority of SingaporeMonetary Authority of Singapore banned Zhu from participating in the financial sector for nine years.
On September 29, 2023, Zhu was arrested at Changi AirportChangi Airport while attempting to leave the country. There had been a committal order placed against him and his 3AC partner, Kyle Davies, by the Singaporean Courts as a consequence for his failure to cooperate with liquidator investigations of his collapsed cryptocurrency fund, 3AC. The committal order ensures that he is imprisoned for four months so that he is forced to work with appointed liquidators in an attempt to recover assets for creditors of 3AC.
Co-Founder at Three Arrows Capital
Su Zhu is an entrepreneur and trader.
Su Zhu, is ana singaporeanSingaporean entrepreneur and businessman who founded the now-collapsed hedge fund Three Arrows CapitalThree Arrows Capital (3AC).
Zhu began his career after graduating from Columbia University with a bachelor's degree in Mathematics. He started working at Flow Traders in 2009 as a trader. He later worked as a trader in Hong Kong for Deutsche Bank in 2011.
In 2012, Zhu co-founded cryptocurrency hedge fund 3AC with former classmate Kyle Davies. 3AC was initially established with a focus on forex trading and eventually moved into the crypto space. In March 2022, the company managed approximately $10 billion in assets.
When the cryptocurrency market started collapsing in 2022, 3AC started failing to repay hundreds of millions of dollars in loans. In June 2022, A court in the British Virgin Islands ordered Zhu's 3AC to liquidate with the assistance from a liquidation firm from the country, Teneo, to help manage the process with 3AC.
In July 2022, 3AC filed for Chapter 15 bankruptcy in the United States and it is alleged that Zhu and Davies decided to go on vacation to Bali to surf and meditate. In April 2023, Zhu, Davies, and the founders of CoinFlex launched another cryptocurrency exchange.A few months later, the Monetary Authority of Singapore banned Zhu from participating in the financial sector for nine years.
On September 29, 2023, Zhu was arrested at Changi Airport while attempting to leave the country. There had been a committal order placed against him and his 3AC partner, Kyle Davies, by the Singaporean Courts as a consequence for his failure to cooperate with liquidator investigations of his collapsed cryptocurrency fund, 3AC. The committal order ensures that he is imprisoned for four months so that he is forced to work with appointed liquidators in an attempt to recover assets for creditors of 3AC.
September 29, 2023
April 2023
March 2022
2012
2011
2005
In 2006, Su Zhu graduated from Phillips Academy. And then he got a bachelor degree of arts at Columbia University in the City of New York.
Before founding Three Arrows Capital Su Zhu had been begun his career as junior trader in Flow Traders in 2008, Tokyo. After he changed the place and worked for Deutche Bank like the trader again. In 2012 Su Zhu found Three Arrows Capital, a hedge fund, with Kyle Davies.
Before founding Three Arrows Capital Su Zhu had been begun his careeecareer as junior trader in Flow Traders andin after2008, Tokyo. After he changed the place and worked for Deutche Bank like the trader again. In 2012 Su Zhu found Three Arrows Capital, a hedge fund, with Kyle Davies.
Co-Founder at Three Arrows Capital
Su Zhu, is an singaporean entrepreneur and businessman who founded the hedge fund Three Arrows Capital.
In 2006, Su Zhu graduated from Phillips Academy. And then he got a bachelor degree of arts at Columbia University in the City of New York.
Before founding Three Arrows Capital Su Zhu had been begun his careee as trader in Flow Traders and after he changed the place and worked for Deutche Bank like the trader again. In 2012 Su Zhu found Three Arrows Capital, a hedge fund, with Kyle Davies.
Su Zhu is an entrepreneur and trader.