The co-founder of the bungled crypto lending firm Three Arrows Capital (3AC), Zhu Su, has filed a claim of $5M against their own company. Three Arrows Capital, known as 3AC, filed for bankruptcy during this lousy market.

The platforms above have handled it in their ways, but 3AC has come under fire for acting suspiciously. Zhu Su was also listed as a creditor to 3AC, according to a Twitter user going by the handle <a href="https://twitter.com/DrSoldmanGachs" target="_blank" rel="nofollow noopener">Soldman Gachs</a>. Many people were surprised by this because he was a creditor of his company, 3AC.

https://twitter.com/DrSoldmanGachs/status/1548922056909389824

https://twitter.com/WatcherGuru/status/1548948532563886080
<h2>ThreeAC Limited Submitted $25 Million Claim</h2>
The Fund's investment manager, ThreeAC Limited, has also submitted a $25 million claim. As a result, the Fund would rank among the biggest 3AC creditors. The companies on the list were BitGo, Voyager, Algorand, DeFiance, <a href="https://www.cryptoknowmics.com/news/celsius-bankruptcy-filing-reveals-1-2b-hole-in-its-balance-sheet/" target="_blank" rel="noopener">Celsius</a>, BlockFi, SBI Crypto, Moonbeam Network, and Voyager.

These claims against 3AC totaled $2.8 billion in total. There was still more to come, so this wasn't all. It should be noted that today's meeting of the 3AC creditors is set to cover the procedures. The conference would be supervised by Teneo Restructuring, a company chosen by the British Virgin Islands court. According to Soldman Gachs, Zhu Su is one of the creditors. Thus there was a good chance he would attend the meeting.

Zhu Su, Among Creditors, Files $5M Claim Against Own Company

The co-founder of the bungled crypto lending firm Three Arrows Capital (3AC), Zhu Su, has filed a claim of $5M against their own company.

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

Zhu Su, Among Creditors, Files $5M Claim Against Own Company

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