Three Arrows Seeks US$40 Million from Zhu Su's Wife over Dubai Property Sale
The cryptocurrency hedge fund Three Arrows Capital has been accused of going after Zhu Su's wife for US$40 million from the sale of a Dubai property.
The property, valued at US$30 million, was allegedly purchased using a loan of US$50 million worth of cryptocurrency from the firm.
Zhu Su, co-founder and director of Three Arrows Capital, had bought the property just three weeks before the hedge fund's liquidation in June 2022 following a crash in cryptocurrencies.