Zhu Su, Among Creditors, Files $5M Claim Against Own Company

The co-founder of the bungled crypto lending firm Three Arrows Capital (3AC), Zhu Su, has filed a claim of $5M against their own company. Three Arrows Capital, known as 3AC, filed for bankruptcy during this lousy market. The platforms above have handled it in their ways, but 3AC has come under fire for acting suspiciously. Zhu Su was also listed as a creditor to 3AC, according to a Twitter user going by the handle Soldman Gachs. Many people were surprised by this because he was a creditor of his company, 3AC. In addition, ThreeAC Limited, the Investment Manager of the Fund, has filed a claim for $25 million. Other notable claimants are @DCGco, @investvoyager, @Algorand, @DeFianceCapital, @CelsiusNetwork, @CoinList, @galaxyhq, @SBICrypto, @BlockFi, @MoonbeamNetwork, and @BitGo — Soldman Gachs ⌐◨-◨ (@DrSoldmanGachs) July 18, 2022 JUST IN: Three Arrows Capital co-founder Zhu Su has filed a $5 million claim against his own company. — Watcher.Guru (@WatcherGuru) July 18, 2022 ThreeAC Limited Submitted $25 Million Claim The Fund’s investment manager, ThreeAC Limited, has also submitted a $25 million claim. As a result, the Fund would rank among the biggest 3AC creditors. The companies on the list were BitGo, Voyager, Algorand, DeFiance, Celsius, BlockFi, SBI Crypto, Moonbeam Network, and Voyager. These claims against 3AC totaled $2.8 billion in total. There was still more to come, so this wasn’t all. It should be noted that today’s ...