On January 22, Zhu reflected on his time behind bars in edited excerpts of an unreleased podcast on social media platform X.
“Obviously, no one wants to go to jail,” Zhu said. “But I think it’s actually a really enjoyable experience overall.”
According to Zhu, the facility’s lights are turned off from 9:30 p.m. to 5:30 a.m. There’s no internet time, no alcohol, no caffeine, so he falls asleep immediately and wakes up as soon as the lights come on.
“I had the best sleep of my life in prison,” he added.
Adjusting to sleeping on a mat on the floor was a challenge, Zhu said, but he described it as giving him a “magical feeling.”
“You feel a kinship with your ancestors,” Zhu said. “Because that’s how I was supposed to live.”
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Su Zhu, founder of cryptocurrency hedge fund Three Arrows Capital. Photo by X (Twitter). |
While some X users hailed Zhu’s comments as inspirational, others mocked him, with one user describing his process as “the craziest coping mechanism I’ve ever seen “.
At its peak in 2022, 3AC managed around $10 billion in assets, making it one of the largest crypto hedge funds in the world, according to CNBC.
The company filed for bankruptcy in mid-2022 after falling cryptocurrency prices and a particularly risky business strategy combined to wipe out its assets and leave it unable to repay lenders.
Zhu was arrested at Changi Airport last September while trying to leave Singapore for failing to cooperate with liquidation investigations. After serving three months in prison, he was released in December.
Since then, he has focused on his new project, a crypto exchange named OPNX, co-founded in April last year with Kyle Davies, another co-founder of Three Arrows, among others, as reported the South China Morning Post.
