When Su Zhu talked about "sailing on a yacht as an international fugitive."

July 19, 2022

3AC founder Su Zhu’s old tweet surfaced where he talked about sailing on a yacht as an international fugitive.

Su Zhu's old tweet has raised some eyebrows in the crypto community.

In an interesting turn of events, 3AC’s bankruptcy filing revealed that Su Zhu had put a down payment on a $50 million down payment on a yacht months before filing bankruptcy.

It was speculated in the filing that the down payment was paid for with borrowed funds

The bankruptcy filing revealed that 3AC owes $3.5 billion to 27 different crypto creditors.

Out of $3.5 billion, $2.36 is owed to just one company- Genesis.

Three Arrows Capital managed a fund estimated to be worth $10 billion back in March and the company filed for bankruptcy in July.