Remember: It's not about how much you make.
It's about how much you keep.
And sometimes, the biggest red flag is success that comes too easy.
Remember: It's not about how much you make.
It's about how much you keep.
And sometimes, the biggest red flag is success that comes too easy.
Believe them.
Because in crypto, like gravity:
What goes up with leverage must come down with leverage.
Some say Zhu was just unlucky.
But here's the truth:
Believe them.
Because in crypto, like gravity:
What goes up with leverage must come down with leverage.
Some say Zhu was just unlucky.
But here's the truth:
Today, Zhu sits in a Singapore jail facing 10 years.
His $50M mansions? Seized.
His rare NFTs? Worthless.
His reputation? Destroyed.
The lesson?
Today, Zhu sits in a Singapore jail facing 10 years.
His $50M mansions? Seized.
His rare NFTs? Worthless.
His reputation? Destroyed.
The lesson?
Zhu's response? Ghost mode.
Disappeared completely.
The damage?
• $3.5B in losses
• Multiple bankruptcies
• Thousands of investors wiped out
But Zhu?
He fled to Dubai, living in luxury while others lost everything.
Until September 2023....
Zhu's response? Ghost mode.
Disappeared completely.
The damage?
• $3.5B in losses
• Multiple bankruptcies
• Thousands of investors wiped out
But Zhu?
He fled to Dubai, living in luxury while others lost everything.
Until September 2023....
Every crypto asset followed.
3AC's leverage strategy turned lethal:
When you borrow $1B against $2B in crypto... And crypto drops 50%...
You're finished.
Lenders started calling:
Every crypto asset followed.
3AC's leverage strategy turned lethal:
When you borrow $1B against $2B in crypto... And crypto drops 50%...
You're finished.
Lenders started calling:
• Zero risk management
• Extreme leverage
• Zero transparency
But everyone was too busy making money to notice.
Then came the LUNA crash in May 2022.
3AC had bet $500M+ on it. It went to zero in 48 hours.
But that was just the beginning...
• Zero risk management
• Extreme leverage
• Zero transparency
But everyone was too busy making money to notice.
Then came the LUNA crash in May 2022.
3AC had bet $500M+ on it. It went to zero in 48 hours.
But that was just the beginning...
3AC was managing funds for:
• Crypto millionaires
• Industry veterans
• Other hedge funds
All while Zhu was tweeting about "SuperCycle" theories and buying rare NFTs worth millions.
3AC was managing funds for:
• Crypto millionaires
• Industry veterans
• Other hedge funds
All while Zhu was tweeting about "SuperCycle" theories and buying rare NFTs worth millions.
3AC was taking loans from everyone:
• BlockFi
• Voyager
• Genesis
• Anyone who'd lend
Then using that money to borrow... more money.
A financial game of Jenga that would make Wall Street blush.
But here's where it gets wild:
3AC was taking loans from everyone:
• BlockFi
• Voyager
• Genesis
• Anyone who'd lend
Then using that money to borrow... more money.
A financial game of Jenga that would make Wall Street blush.
But here's where it gets wild:
By 2021, he controlled billions in crypto assets.
His fund, Three Arrows Capital (3AC), became crypto's most feared trading giant.
But few saw the ticking time bomb underneath...
The secret to his success?
By 2021, he controlled billions in crypto assets.
His fund, Three Arrows Capital (3AC), became crypto's most feared trading giant.
But few saw the ticking time bomb underneath...
The secret to his success?
Singaporean Entrepreneur and Co-founder of crypto hedge fund Three Arrows Capital...
Here's how one crypto legend lost $3 BILLION in just 72 hours:
Singaporean Entrepreneur and Co-founder of crypto hedge fund Three Arrows Capital...
Here's how one crypto legend lost $3 BILLION in just 72 hours:
How crypto legend Su Zhu went from mega-mansions to mugshots.
The untold story of crypto's biggest collapse - and the red flags everyone missed:
How crypto legend Su Zhu went from mega-mansions to mugshots.
The untold story of crypto's biggest collapse - and the red flags everyone missed:
Singaporean Entrepreneur and Co-founder of crypto hedge fund Three Arrows Capital...
Here's how one crypto legend lost $3 BILLION in just 72 hours:
Singaporean Entrepreneur and Co-founder of crypto hedge fund Three Arrows Capital...
Here's how one crypto legend lost $3 BILLION in just 72 hours: