Fate of crypto investor Zhu Su’s bungalows hangs in the balance after Three Arrows implosion

THE market is abuzz with speculation over the personal assets of Three Arrows Capital (3AC) founder Zhu Su, following news of the crypto hedge fund’s liquidation order by a British Virgin Islands court on Monday (Jun 27).

As liquidators close in on the insolvent firm, a luxury bungalow in Singapore bought just in December for S$48.8 million by Zhu has been a topic of much discussion by industry observers.

The Yarwood Avenue bungalow is said to be on the market, with a WhatsApp message detailing the urgent sale having made its way around rapidly.