Zhu Su on prison life: slept well, ate plenty of fruit
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Zhu Su on prison life: slept well, ate plenty of fruit
It's not quite at the level of a strong recommendation yet, but there are benefits to trying it out.
Navigating Web3 tides with focused insightsBy Amber Tay, mothership.sg
Translated by czgsws, BlockBeats
Zhu Su, co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), said he got the "best sleep" of his life during his three-month prison sentence in Singapore.
The 36-year-old was initially sentenced to four months in jail but was released early due to good behavior and standard regulations.
Discovering the Joys of Ancestors
In a video interview, Zhu Su described his time in a Singapore prison as "pleasant."
"Obviously no one wants to go to prison, but I think overall, it was actually a very pleasant experience."
"It's not something I'd strongly recommend, but I do believe there would be benefits if everyone could experience it once."
He said prison allowed him to rediscover "ancient forms of entertainment," such as reading books and doing push-ups.
"You can read all the books you want, and prisoners get 'a lot of fruit' every few hours."
A Good Night's Sleep
"Sleep quality was amazing."
Zhu Su said lights-out was at 9:30 p.m. and didn't come back on until 5:30 a.m. With no alcohol, caffeine, or internet access, he fell asleep immediately after lights-out and enjoyed what he called the "best sleep" of his life while incarcerated.
Since there were no beds in his cell, he had to sleep on the floor, which he said "is just like Japanese tatami mats—really good for spinal decompression."
Zhu Su also described feeling a "very magical sensation" during his time behind bars, saying he felt a sense of kinship with his ancestors.
Arrested in September 2023
According to Bloomberg, Zhu Su was arrested on September 29, 2023, at Changi Airport while attempting to leave the country. He was sentenced to four months in jail for failing to cooperate with the liquidation process of 3AC, including shutting down operations, selling assets, and repaying creditors.
Management consulting firm Teneo estimated that Three Arrows Capital owed creditors approximately $3.3 billion, and liquidators are seeking to recover $1.3 billion from Zhu Su and his co-founder Kyle Davies.
The Monetary Authority of Singapore also imposed a nine-year ban on both founders over 3AC's violations, including risk management failures and providing false information.
Kyle Davies is subject to the same detention order as Zhu Su but remains currently unlocated.
Before its collapse, Three Arrows Capital was considered one of the largest and most successful cryptocurrency hedge funds.
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