3AC co-founder Su Zhu sent to prison for 4 months in Singapore
Police arrested Su Zhu at Singapore’s airport and will now imprison him for four months as liquidators attempt to recover any 3AC assets.
Police arrested Su Zhu at Singapore’s airport and will now imprison him for four months as liquidators attempt to recover any 3AC assets.
The man is one of four recent arrests in connection to JPEX, the Dubai-based crypto firm that has seen losses of up to $191 million.
The club’s supporters’ trust says that the project will encourage fans to enter a crypto ecosystem that many will have little knowledge of.
Bitcoin mining, cannabis farming, and the cost-of-living crisis have all contributed to record levels of electricity theft, the BBC found.
While Justin Sun quickly took to X to discuss the $8 million HTX hack, news of the loss was left to trickle into China through foreign media.