Zhu Su talks about prison life: sleeping well and eating enough fruit
By Amber Tay, mothership.sg
Compiled by: czgsws, BlockBeats
Zhu Su, co-founder of failed crypto hedge fund Three Arrows Capital (3AC), said he had the “best sleep” of his life during his three-month prison sentence in Singapore.Xiaobai Navigation".
The 36-year-old was initially sentenced to four months in prison but was released early on good behaviour and subject to conditions.
Experience the joy of our ancestors
Zhu Su said in a video interview that his time in a Singapore prison was "very enjoyable".
"Obviously nobody wants to go to jail, but I think overall it was actually a pretty pleasant experience."
“It’s not at the level of being highly recommended per se, but I think it would definitely be beneficial if everyone experienced it once.”
He said being in prison allowed him to experience "ancient pastimes" such as reading and doing push-ups.
"You can read all the books you want, and the prisoners are given 'lots of fruit' every few hours."
sleep tight
"The sleep quality was excellent."
Zhu Su said that the lights in his cell were turned off at 9:30 p.m. every night and turned on again at 5:30 a.m. Since there was no alcohol, caffeine, or internet, he would fall asleep immediately after the lights were turned off and enjoy the "best sleep" he had ever experienced in prison.
Since there were no beds in the prison, he had to sleep on the floor, which he said was "just like... Japanese tatami, which is really good for... decompression of the spine."
Zhu Su also described his time in prison as having a "very magical feeling" and that he felt a "kinship" with his ancestors.
Arrested in September 2023
According to Bloomberg, Zhu Su was arrested at Changi Airport on September 29, 2023 while trying to leave the country. He was sentenced to four months in prison for failing to cooperate with 3AC's liquidation tasks, such as closing down its business, selling assets and repaying creditors.
Management consultancy Teneo estimates Three Arrows owes creditors a total of about $3.3 billion, while liquidators are seeking to recover $1.3 billion from Zhu Su and co-founder Kyle Davies.
Singapore’s central bank also imposed a nine-year ban on the two founders for 3AC violations, including risk management failures and providing false information.
Kyle Davies is subject to the same detention order as Zhu Su but his current whereabouts are unknown.
Three Arrows Capital was considered the largest and most successful before its collapsecryptocurrencyOne of the hedge funds.
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