Bitcoin24h $108,862.04+3.07%

Ethereum24h $2,574.61+6.85%

XRP24h $2.24+2.93%

BNB24h $660.50+2.07%

Solana24h $153.02+3.65%

TRON24h $0.2854+2.09%

Dogecoin24h $0.1693+6.71%

Cardano24h $0.5876+7.90%

Hyperliquid24h $40.18+8.33%

Sui24h $2.90+8.16%

OPNX is ‘dead’ but Zhu and Davies aren’t quite finished

OPNX will shut down on February 24 but its creators have already pivoted to a new entity without the existential legal risks.

3AC founder Su Zhu says prison ‘good for you’ after four-month stay

Sleeping on a mat for four months in Singapore prison brings you “closer to your ancestors,” Su Zhu claimed in an unreleased podcast.

According to a statement from 3AC’s liquidator, $1.4 billion in assets have been frozen while creditors are still owed around $3.3 billion.

In a two-day private hearing, Su Zhu took questions from lawyers representing Teneo, the firm tasked with liquidating 3AC.

The 3AC co-founder and his wife reportedly bought the property in December 2021 for $35 million but within a year were looking to sell it.