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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.