TechBizWebTechBizWeb

    Subscribe to Updates

    Get the latest news about Technology and Business from all around the web..

    What's Hot

    Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15

    August 13, 2022

    Former Deutsche Bank CEO Anshu Jain dies, aged 59

    August 13, 2022

    CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme

    August 13, 2022
    Facebook Twitter Instagram
    • About Us
    • Privacy Policy
    • Guest Post
    • Terms
    • Contact
    Facebook Twitter Instagram
    TechBizWebTechBizWeb
    Subscribe
    • Home
    • Technology

      This customizable smart display is a fun desk accessory in need of a purpose

      August 13, 2022

      Apple asked for a cut of Facebook’s ad sales years before it stifled Facebook’s ad sales

      August 13, 2022

      Ikea and Electrify America team up to install over 200 public fast chargers in 18 states

      August 13, 2022

      How to use Flex Mode on the Galaxy Z Flip and Z Fold

      August 12, 2022

      The Zoom installer let a researcher hack his way to root access on macOS

      August 12, 2022
    • Business
    • Cyber Security

      Avoid these employee monitoring blunders

      August 12, 2022

      Cybersecurity lessons from the red team: How to prevent a data breach

      August 12, 2022

      Data security, surveillance practices to be examined by FTC

      August 12, 2022

      Why it pays to be an early adopter of cybersecurity technology

      August 12, 2022

      The top identity-based attacks and how to stop them: Part 1

      August 11, 2022
    • Blockchain
    • Vulnerabilities
    • Social Engineering
    • Malware
    • Cyber Security Alerts
    TechBizWebTechBizWeb
    Home»Blockchain»Three Arrow’s Su Zhu Puts Singapore Luxury Home for Sale
    Blockchain

    Three Arrow’s Su Zhu Puts Singapore Luxury Home for Sale

    July 3, 2022No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Su Zhu, the co-founder and Chief Executive Officer of embattled Three Arrows Capital (3AC) has put his Singapore mansion for sale.

    According to a report by Bloomberg, the mansion, categorized as a Good-Class Bungalow, one of the most luxurious homes for high networth individuals in Singapore was listed for $35 million, equivalent to the amount it was acquired for.

     

    The listing of the house comes as the liquidation of Three Arrows Capital is underway as ordered by a court in the British Virgin Islands. While there is no confirmation that the proposed sale of the good-class bungalow has any connection to the distressed company, chances are that the sum could be deployed to the firm whose finances are now being strained going to the ongoing crypto market onslaught.

     

    According to the Bloomberg report, Su Zhu and his wife, Tao Yaqiong Evelyn have two of these good-class bungalows. While the first, located at Balmoral Road was purchased under a Trust last year, the second, located at Dalvey road was purchased under Tao’s name.

     

    The distress that led Su Zhu to put up his mansion for sale is an encompassing one as 3AC which ranks as one of the biggest crypto hedge funds with over $10 billion in Assets Under Management (AUM) as of May was unable to pay its creditors.

     

    As reported earlier by Blockchain.News, Voyager Capital issued a notice of default to the embattled company last month for a loan worth about $650 million. Other notable platforms including FTX, and BlockFi have also liquidated the hedge fund founded alongside Kyle Davies.

     

    It is yet unclear how 3AC’s creditors will be paid, but sources close to the liquidation process pointed out that Teneo Restructuring, based in the British Virgin Islands is responsible for the liquidation, and the firm is in the stage of valuing the company’s assets. A website will be announced in a short while for creditors to make their claims, the sources say.

    Image source: Shutterstock

    bitcoin blockchain News
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15

    August 13, 2022 Blockchain

    CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme

    August 13, 2022 Blockchain

    Tron’s Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”

    August 12, 2022 Blockchain

    Spanish Football Giants Barcelona and Real Madrid Seek Crypto Trademark Protection

    August 12, 2022 Blockchain

    Huobi Group Founder in Talks to Sell Almost $3B Company Stake

    August 12, 2022 Blockchain

    KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function

    August 12, 2022 Blockchain
    Editors Picks

    Former Deutsche Bank CEO Anshu Jain dies, aged 59

    August 13, 2022

    CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme

    August 13, 2022

    Trump versus the rule of law in 2024

    August 13, 2022

    This customizable smart display is a fun desk accessory in need of a purpose

    August 13, 2022
    Trending Now

    Formula 1’s Toto Wolff: ‘You need to push people out of their comfort zone’

    By techbizweb

    Ukraine’s first Black Sea cargo shipment caught up in complex trading networks

    By techbizweb

    Kewsong Lee, Carlyle’s ejected dealmaker-in-chief

    By techbizweb

    https://www.nationalsportsacademy.com

    slot gacor hari ini

    http://www.inadesfo.org/

    http://www.eueomgbissau.org/

    http://www.congo-mai-mai.net/

    http://www.angelesdelafrontera.org/

    http://fifaworldcup2018schedule.com/

    http://tony4gtrmcr.co.uk/

    http://www.standrewsagreement.org/

    http://www.bob-russell.co.uk/

    http://davidmulholland.co.uk/

    http://railwayhotelenniskillen.com/

    http://www.fantasysportstrades.com/

    http://www.rainleaf-flooring.com

    http://mothersagainstguns.org/

    http://ma-coc.org/

    slot online

    http://www.paradoxmag.com/situs-judi-slot-online-gampang-menang-2021/

    http://www.paradoxmag.com/situs-judi-slot-online-terbaru-2021/

    http://slot-terbaru.net/

    Slot Gacor

    Slot Online

    Situs Slot Gacor

    http://www.appdexterity.com/

    https://cars4kids-deutschland.de/

    https://www.stretchingculture.com/

    https://www.b-123-hp.com/slot-gacor/

    https://denzstaffing.nl/

    https://ezbbqcooking.com/slot-gacor/

    https://www.mbahelp24.com/slot-gacor

    https://minhtanstore.com/slot-jackpot-terbesar/

    https://njbpusupplierdiversity.com/slot-gacor-gampang-menang/

    https://www.floridaspecialtycropfoundation.org/slot-gampang-menang/

    https://childrenscornerpreschool.org/slot-gacor-gampang-menang/

    https://cryptoquoter.com/slot-online-terbaik/

    https://alorkantho24.com/slot-gacor/

    https://ellas.xyz/slot-gacor/

    https://it.dougamatome.xyz/slot-online/

    https://www.daltercume.com/slot-gacor/

    https://josi-ana.dougamatome.xyz/slot88/

    https://josi-ana.dougamatome.xyz/slot-gacor/

    https://fastobserver.com/slot-jackpot-terbesar/

    https://www.planetexperts.com/slot-gacor/

    https://bfsolution.group/slot-bet-kecil/

    https://rustleva.co/slot/

    https://bfsolution.group/slot-bet-kecil/

    https://www.hotelcalimareal.com/togel-online/

    https://anime-game.dougamatome.xyz/slot-gacor-gampang-menang/

    https://anime-game.dougamatome.xyz/togel-online/

    https://bourbonbarrelfoods.com/slot/

    http://suneo39.wp.xdomain.jp/slot/

    https://techbizweb.com/slot-gacor/

    https://www.generalcatalyst.com/18-daftar-slot-gacor-terbaik-gampang-menang-jackpot-hari-ini/

    https://www.hotelcalimareal.com/slot-online/

    https://www.blockgates.io/slot-gacor/

    https://l12.com.br/slot-gacor/

    slot paling gacor

    https://www.donalds-hobby.com/slot-online/

    https://thecryptodirt.com/slot-gacor-hari-ini/

    http://iseta.edu.ar/aulavirtual/app/upload/users/1/1205/my_files/sbobet.html

    http://escuelavirtual.mincit.gov.co/app/upload/users/1/194/my_files/slot.html

    https://www.dev.medecinesfax.org/courses/JUDICASINO/document/slot.html

    http://www.e-archivos.org/cursos/courses/JUDICASINO/document/slot-gacor.html

    http://iesma.com.br/ead/main/upload/users/4/447/my_files/slot.html

    https://www.fundacoop.org/chamilo/app/upload/users/1/1185/my_files/slot.html

    https://fata-aatf.org/eskola/main/upload/users/3/31/my_files/slot.html

    https://uancv.edu.pe/ofinvestigacion/app/upload/users/3/328/my_files/slot-terlengkap.html

    https://micost.edu.my/EL/app/upload/users/2/209/my_files/slot-gacor.html

    https://www.academiacoderdojo.ro/elearningdev/app/upload/users/2/2442/my_files/slot-online.html

    http://campus-cidci.ulg.ac.be/courses/JUDICASINO/document/slot-termurah.html

    https://www.escueladerobotica.misiones.gob.ar/aula-ste/courses/LIVECASINO/document/slot-tergacor.html

    http://ccdipeepccqqfar.usac.edu.gt/chamilo/app/upload/users/3/358/my_files/slot-online.html

    https://cunori.edu.gt/campus/app/upload/users/7/7334/my_files/slot-online.html

    http://u-rus.com.ar/aula/app/upload/users/1/1322/my_files/slot.html

    http://icrodarisoveria.edu.it/chamilo/app/upload/users/1/1855/my_files/slot.html

    https://iestpliliagutierrez.edu.pe/clarolgm/courses/CASINO/document/slot.html

    http://pva.cobach.edu.mx/app/upload/users/7/7379/my_files/slot.html

    http://www.imb-pc-online.edu.gt/PL/app/upload/users/3/373/my_files/slot.html

    http://avcs.upeu.edu.pe/main/upload/users/3333/my_files/slot.html

    https://chamilo.fca.uas.edu.mx/app/upload/users/1/11186/my_files/slot-online/

    TechBizWeb
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • Guest Post
    • About Us
    • Privacy Policy
    • Our Authors
    • Terms and Conditions
    • Contact
    © 2022 Tech Biz Web. Developed by Sawah Dev.

    Type above and press Enter to search. Press Esc to cancel.