Zhu Su:Our Good Faith to Cooperate with The Liquidators Was Met With Baiting

Jul 12,2022
KingData News: Shu Su, co-founder of Three Arrows Capital, tweeted that, unfortunately, sadly, our good faith to cooperate with the Liquidators was met with baiting. Hope that they did exercise good faith wrt the StarkWare token warrants. The emails show that Russell, the creditor, pretended to provide assistance and negotiated a liquidation solution with Zhu Su, but then failed to do so and submitted the information provided by Three Arrows Capital in the coordination process to the U.S. court. According to counsel for Three Arrows Capital, the failure of the creditors to honor the StarkWare equity offer has resulted in a material loss to the company, and the rights of its creditors, investors and shareholders of the company will be adversely affected as a result. This is the first time since June 15 that Zhu Su has spoken out on social media. As previously reported, Three Arrows Capital's lawyers said that Zhu Su and Kyle Davies, the founders of Three Arrows Capital, have fled Singapore and their current whereabouts are unknown.
On June 13, Zhu Su, co-founder of Three Arrows Capital, has removed ETH, AVAX, LUNA, SOL, NEAR, MINA and other Tokens from his Twitter profile. On June 15, sources revealed that the total liquidation amount of Three Arrows Capital on Deribit, BlockFi and other lending platforms was up to $400 million. This indicator provides a real-time tracking of news reports on Three Arrows Capital's liquidity crisis.
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