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:
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:
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.
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:
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: