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The co -founder of Three Arrows Capital put up for the sale of a bungalow in Singapore
The co-founder of the hedge fund Three Arrows Capital (3ac) Su Zhu sells a mansion in Singapore for $ 35 million. This was noticed by the managing affiliate program Primitive Ventures Dovi Van.
In addition, the Ju’s spouse owned a house on Dalvi Road in Singapore worth 28.5 million Singapore dollars ($ 20.4 million). Now the building is being repaired. The couple also owns real estate in Goodwood Grand for Balmoral Road worth 6.25 million Singapore dollars (approximately $ 4.5 million).
Local media reports that a global decline led to a decrease in prices for elite bungalows. Nevertheless, it is noted that the owners of such houses “sell real estate only if the price justifies their expectations”.
Recall that in June, against the backdrop of the collapse of the cryptocurrency market, rumors appeared about the insolvency of Three Arrows Capital. The 8 Blocks Capital trading company accused the hedge fund of using clients to cover Marzhin-collars.
Voyager Digital Cryptobele sent a 3AC notice of non-fulfillment of obligations due to non-payment of a loan.
The court of the British Virgin Islands decided to eliminate the hedge fund, and Singapore’s monetary control announced 3C reprimands for the provision of false information and exceeding the permitted threshold of assets under control.
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