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

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Claudia Chong

Claudia Chong

Published Fri, Jul 1, 2022 · 06:43 PM
    • A luxury bungalow in Yarwood Avenue, bought just in December for S$48.8 million by Su Zhu, has been a topic of much discussion by industry observers.
    • A luxury bungalow in Yarwood Avenue, bought just in December for S$48.8 million by Su Zhu, has been a topic of much discussion by industry observers. BT FILE PHOTO

    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.

    Good class bungalowCryptocurrenciesLiquidationThree Arrows Capital

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